The rental calculation is 125% of the monthly mortgage payments with a 1.99% completion fee and no early repayment charges.
John Eastgate, sales and marketing director of the Saffron said: “We're delighted to offer this exclusive buy-to-let mortgage. Saffron takes great pride in working with brokers to deliver products their customers are truly looking for; it's a reflection of our tailored and flexible service seen in our underwriting and product development.”
Rob Jupp, managing director of Brightstar Financial, added:“Our focus group of brokers requested an ERC free buy-to-let product and we are delighted that our friends at Saffron could deliver the product.”
The product is only for properties in England and Wales and is available from today.
