Saffron for Intermediaries has announced rate reductions across its Owner Occupied range, in order to give borrowers the best chance of finding a mortgage that suits their needs. The range also benefits from free valuations, to help buyers and movers secure a mortgage with minimal upfront cost.

The full series of new rates includes:

An 85% LTV two-year fixed rate Owner Occupied product down 0.4% to 4.77%, £999 arrangement fee.

An 85% LTV 5-year fixed rate Owner Occupied product down 0.4% to 4.37%, £999 arrangement fee.

An 80% LTV 2-year fixed rate Owner Occupied product down 0.4% to 4.67%, £999 arrangement fee.

An 80% LTV 5-year fixed rate Owner Occupied product down 0.4% to 4.17%, £999 arrangement fee.

Saffron head of business development at Saffron Tony Hall commented: “The mortgage market is in a really positive place right now, and as a result, we are delighted to announce these rate reductions across our Owner Occupied range.

“With the cost-of-living continuing to squeeze the finances of homeowners and prospective buyers, these new rates aim to help make the process of buying or moving home more affordable.

He added: “The announcement follows the launch of our Professional Product range at the beginning of the month, and new criteria in August, all of which supports our ambition to help as many people as possible achieve their home ownership goals.”