80% Fixed Rate Mortgage

For existing Saffron Building Society mortgage customers, this fixed rate mortgage is fixed at 2.17% until 31/08/2020.

  • An initial rate of

    2.17%

    fixed until 31/08/2020,

  • followed by our Standard Variable Rate, currently

    5.39%

    variable for the rest of the mortgage.

  • The overall cost for comparison is

    4.0% APRC

Product details

Loan to Value (LTV) 80%
Arrangement fee None Other fees may apply.
Interest-only option To max 70% LTV
Early repayment charges 2% of the advance

Your home may be repossessed if you do not keep up repayments on your mortgage

Representative example:

The following representative example is intended to allow you to easily compare products across lenders and does not reflect what your actual monthly payment or APRC could be. Please contact us if you have any questions regarding this.

A mortgage of £64,812 payable over 9 years 11 months, initially on a Fixed rate for 2 years 6 months at 2.17% and then on our current Standard Variable Rate Mortgage of 5.39% (variable) for the remaining 7 years 5 months, would require 30 monthly payments of £605.83 and 89 monthly payments of £679.55.

The total amount payable would be £78,734.85 made up of the loan amount plus interest (£13,922.85), an application fee of £0 and a redemption fee of £80.

The overall cost for comparison is 4.0% APRC representative.

Fees may differ to those shown in this representative example. Current fees can be found in our tariff of charges.

Additional product information

  • Overpayments up to 10% of the advance are allowed.
  • This mortgage is portable which means it is possible to take this product with you to a new property, subject to lending criteria and policy at the time.
  • The interest rate charged will not fall below 2% (the minimum interest rate) at any point during the mortgage.
  • The minimum term for this product is three years and the maximum term is 40 years.
  • All applications are subject to current lending criteria.
  • Please view our mortgage services fees and our mortgage valuation fees.

This does not include all of the information you need to choose a mortgage. For full details please ask us about how you can get a illustration.

Mortgage products are subject to status and availability.

Talk to us today

To arrange an appointment with one of our Mortgage Advisers call us free on:0800 072 1100or complete the form below:

Does at least one applicant have an income?


Do you have a deposit (or equity in property) of at least 5% of the property value?


Do you own your current residential property (with or without a mortgage)?


Do you have a deposit (or equity in property) of at least 20% of the property value?


Thank you for your enquiry.

A Mortgage Adviser will be in contact with you within 12 working days.

What will this mortgage cost?

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