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Saffron House, 1A Market Street, Saffron Walden, Essex, CB10 1HX
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Saffron for Intermediaries

Saffron for Intermediaries are solutions focused, as they know it’s not enough to create products that only partially deliver on brokers’ needs.

As Building Society of the Year 2023 (MoneyAge Awards), their understanding of complex needs shows in their adaptable criteria, large loans and case-by-case approach.

Key Features

Paid by PMS

For details of when your proc fee will be paid, please click on the button below.

Paid by PMS

Proc Fees

Product	Gross	Net
Residential	0.45%	0.40%
Buy To Let	0.45%	0.40%
Self Build	1%	0.90%
Product Transfers	0.35%	0.33%

Proc fees - when your proc fee will be paid

Product Type	When does the lender pay PMS?	Frequency
All	14 days from completion	Twice Monthly

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.

Key Features

Large loans up to £5m
Self-Employed

Self-Build
Expat BTL

Overview & Benefits

Post Code Restrictions: England and Wales only.

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Register to place business with Saffron for Intermediaries:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

With a dedicated team of BDMs ready to help with your query, Saffron's mortgages cover a wide range of 'special situations' from an occupational range for contractors, professionals or self-employed, to expat buy to let and self build. They include a number of features you may not expect: product options with no ERCs, the ability to have options such as interest only and on selected products the facility to make capital repayments enabling your customer to move to a lower rate.

All applications are individually assessed by skilled underwriters (Saffron doesn't credit score) they take into consideration your customer's individual circumstances, apply common sense and provide a personal and reliable service.

The Special Situations product range includes mortgages for:

Landlords, including those operating via a Limited Company
Borrowers moving up the housing ladder who need a 90% LTV loan
The self-employed who have just one year's accounts
Professionals such as doctors, lawyers and financial experts who require a higher LTV
Borrowers building their own homes
Expat buy to let
Lend up to 95% on New Build houses

Saffron also offers a bespoke mortgage service for borrowers whose requirements fall outside its standard product range, with criteria and rates being determined on a case-by-case basis.

Saffron only lends in England and Wales.

Vida Homeloans Videos

SFI LIVE launched on 18th September with an initial webinar special focussing on self and custom build.

Two members of the team from Saffron for Intermediaries, Tony Hall (Interim Head of Mortgage Sales) and Holly Andrews (BDM Team Leader) were on the panel to discuss self-build projects, mortgage arrangements, discussing the focus by the government on custom build homes and providing an insight into the society’s decision to keep all management of self-build projects in house.