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Contractor

Available for individuals who are working on a contract basis, Saffron takes into account the contractor’s circumstances and income structure.

We recognise that contractors may struggle with standard mortgage applications however Saffron takes a more pragmatic approach; actually understanding contractors financial situations and the specific requirements from a mortgage that this will produce.

Available to First Time Buyers.

Contractor

Contractor Three Year Discount Mortgage

Initial rate

2.39% (variable)

Product period

Three Years

then changing to our SVR minus 1.00%

4.39%

Deposit required

40.00%

The overall cost for comparison is

4.00% APRC

Arrangement fee

£499

Contractor Three Year Discount Mortgage

Initial rate

2.69% (variable)

Product period

Three Years

then changing to our SVR minus 1.00%

4.39%

Deposit required

20.00%

The overall cost for comparison is

4.10% APRC

Arrangement fee

£499

Contractor Two Year Fixed Rate Mortgage

Initial rate

2.87% (fixed)

Product period

31/01/2023

then changing to our SVR minus 1.00%

4.39%

Deposit required

20.00%

The overall cost for comparison is

4.20% APRC

Arrangement fee

£999

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