Saffron Building Society has released four new remortgage products with higher LTVs.

All are on a two-year fix and consist of two 80% LTV and two 90% LTV offerings.

At 80% LTV, the first remortgage comes with a free valuation, has no arrangement or application fee and is priced at 3.07%. The second comes with a free valuation, charges an arrangement fee of £999 and is set at 2.97%.

At 90% LTV, these benefits repeat but at 3.77% and 3.67%, respectively.

Saffron head of mortgage sales Tony Hall says: “Following the unexpected market boom during the pandemic, we are still seeing incredible buoyancy as a surge of homeowners look to remortgage and take advantage of lower rates.”

Last month, the lender announced two 90% LTV mortgages for the self-employed and contractors.