Saffron Building Society
The Saffron Building Society was founded in 1849 and was originally called the Saffron Walden Second Building Society.
Although it was originally a terminating society, it became a permanent in 1857. Over the next 150 years, the Saffron merged with several other small regional building societies and changed its name several times, but in 2006 it finally became known as the Saffron Building Society.
Today the Saffron is a thriving local building society with several branches in Cambridgeshire, Essex, Suffolk, Hertfordshire and London. It provides savings accounts, mortgages, insurance and financial advice to its customers. The society also offers a range of services for business, charities and clubs.
Saffron BS mortgages are designed to help people buy a home or invest in a property in order to generate an income. The society has a flexible approach to lending. Their mortgage advisors adopt a personal approach to underwriting and instead of using a computer-based system for assessing mortgage applications they judge each case on its merits.
Next Step Saffron BS mortgages are perfect for buyers who are ready to take the next step on the housing ladder.
Self-build mortgages are designed to release funds at each stage of the self-build process. Customers can elect to keep their self-build mortgage on an interest only basis until the build project has been completed.
Buy to let mortgages from the Saffron Building Society are designed for existing landlords.
Existing customers have plenty of options when their current mortgage deal has come to an end. They can switch to a new deal or apply for additional funds to pay for home improvements.