24 May 2011
Saffron Building Society to offer fee free remortgages
Saffron Building Society - the regional building society serving East Anglia - today reveals it is providing help for those who are struggling with the cost of remortgaging by offering its remortgage products with no arrangement, application, valuation or legal fees*.
This offer is available immediately to new and existing customers in Saffron's branch catchment areas. The remortgages must be arranged direct and include Saffron's range of Tracker, Fixed Rate and Discount mortgages. Further details can be found at www.saffronbs.co.uk/mortgages/fee-free-mortgages.
John Eastgate, Sales and Marketing Director of Saffron Building Society, said: "With the possibility of a base rate increase this year, many borrowers may be looking to review their mortgage options. We hope that this offer will provide some respite to those wanting to remortgage but are concerned about finding the finances to pay the upfront fees.
"At Saffron, we are committed to providing competitive rates and innovative products to give our members what they need from their mortgage. We significantly grew our mortgage business in the last financial year and see this trend continuing."
*Fee free is: No arrangement fee and application fee. No standard valuation fee, as required by us to process your mortgage application and only up to £500, we will only cover the cost of one valuation. No legal fees if you use our panel solicitor. If any additional legal work is required, not usually associated with a remortgage, you will be responsible for the cost and will be advised by our solicitor.
Early repayment charges may apply.Your existing lender may levy a charge for switching. Only available for remortgages in Saffron Building Society branch catchment area and existing mortgage customers.
These are limited offers and Saffron Building Society reserves the right to withdraw product offers.
« In the News
