The JBSP product is available at 95% loan-to-value (LTV) on a 5-year fixed rate of 4.17% whilst the expat product is a 2-year fix which is at up to 75% LTV.

Tony Hall, interim head of mortgage sales, said: “As a society we are always monitoring our products to make sure we are not only competitive but offer an array of mortgages that clients are requesting of their brokers.

“The JBSP is a hero product at Saffron, so we are delighted to have removed the arrangement fee and – in line with some of our other products – added free valuation too. The BTL range has seen a few changes already in 2021, and we are delighted to add a 2-year fixed expat buy-to-let product in this area.

“Our expat products are very successful, with a strong interest from the USA, Australia, and New Zealand. The next obvious step was a 2-year, and this is now available immediately for our intermediary partners.”