Financial Services Industry
Industry: Email Alert RSS FeedSaffron relaunches climate change tracker.
Financial Adviser, March, 2008
Product review. Girlie Garduce
Saffron Building Society
Type: Lifetime tracker mortgage
Description: Saffron Building Society has relaunched its Climate Change Lifetime Tracker'offering a new variable tracker rate mortgage with no extended tie-in at a rate of 5.60 per cent for term.
Conditions: It has a maximum loan-to-value of 90 per cent, with a fee of GBP749, and tracks the Bank of England base rate plus 0.35 of a percentage point for term. It also has incentives of free energy survey fees and, for remortgages, free legal fees and refund valuation, up to a maximum of GBP500.
Contact: www.saffronbs.co.uk
Verdict: While the rate remains unchanged at a very competitive 5.6 per cent for term, the maximum LTV has...
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