You asked about varying the terms of your mortgage contract with us.
We confirm that we are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.
You are interested in mortgage offers available to existing customers, If you are already in a mortgage deal there might be an Early Repayment Charge (ERC) to pay. It is also important to note that any new deal may have different features and overpayment limits to your current mortgage.
If you want to get an idea of how much your mortgage would cost each month based you can visit www.saffronforintermediaries.co.uk/mortgage-repayment-calculator. You can find the information that you need to use these calculators on your Annual Mortgage Statement. If you wish to discuss the calculations, you will need to speak to a Mortgage Adviser.
When you are ready to proceed we offer two Levels of Service. The first is on an Execution Only basis, this means you are deciding what is right for you and you do not require advice from Saffron Building Society. The second option is an Advised level of Service, where a qualified Mortgage Adviser will take your circumstances, needs and preferences into account and then make a personalised recommendation as to the best option available to you. For both levels of service you will receive a detailed personalised mortgage illustration.
We believe that it is important to get the right advice. Without advice, we can’t assess the suitability of your chosen contract change and you will not receive the same benefits given to customers who receive advice from us.
If you would like to speak to a Mortgage Adviser, or already know which product/contract change you would like, you can:-
- Call 0800 072 1100, selecting Option 2 for Mortgages, then Option 1
- Email Mortgage.retention@saffronbs.co.uk
Once you have considered the personalised illustration and the costs involved, you can make an application to us to change your mortgage. We’ll need to make sure you can afford the new mortgage and we will also carry out a credit check to make sure that you meet our current lending criteria.
Important: Mortgages are secured on your home. You could lose your home if you do not keep up payments on your mortgage.
Mortgages are subject to underwriting and criteria. Minimum age 18, UK residents only.
