The Saffron Building Society is a financial institution specialising in loans, mortgages, savings, investments, and insurance in the UK. Founded in the mid-1800s in Saffron Walden, today the Saffron Building Society is comprised of a network of 12 branches serving the Cambridgeshire, Essex, Hertfordshire, Suffolk and London communities as well as other agencies within the region.

The Saffron Building Society began in 1847. In 1849, the Saffron Walden Second Building Society was established by Rev. John Marten, a minister of Hill Street Baptist Church and manager at a local gas company. By 1857, the company name changed to Saffron Walden Second Benefit Building and Investment Society on the Permanent Plan. Assets reached £37,000 in 1900 and increased to £1million by the year 1959. From 1972 until 1989, the company name went through another series of changes. It was renamed the Saffron Walden and District Building Society in 1972 followed by the Saffron Walden & Essex Building Society in 1979, and then in 1989 it became the Saffron Walden Herts & Essex Building Society with assets standing at £163 million. In 2004, assets reached to £460 million. The company switched names again to its current moniker, Saffron Building Society with assets of £662 million in 2006.

Saffron Building Society Loans

Saffron Building Society loans come in many different options to fit the financial needs of its customers.

Saffron personal loans are available from £1,000 to £25,000. Borrowers can choose to defer payments up to three months after taking out a loan. Quotes are available online and applications are reviewed in 10 minutes after submission. Saffron loans offer fixed rates for the entire life of the loan even when interest rates fluctuate. With Saffron BS loans ranging from £9,000 to £25,000, the typical APR is 7.9%. The Saffron Building Society has loan repayment options from one to seven years giving borrowers the choice of repaying in large or small sums. Optional Payment Protection Insurance is also available in case a financial emergency arises.

Saffron Building Society Mortgages

Saffron Building Society mortgages also offer borrowers an extensive choice:

• Saffron fixed-rate mortgage
• Saffron discount mortgage
• Saffron additional advance mortgage
• Saffron plus services mortgages (that track the Bank of England base rate).
• Saffron buy-to-let mortgages

Saffron Fixed Rate Mortgage

Saffron’s fixed rate mortgages are monthly payments which are guaranteed for a specific period of time. The standard fixed rate variable is 7.59%.

Saffron Building Society Discount Mortgage

Saffron Building Society Discount mortgages give the borrower the benefit of having a permanent discounted rate. Saffron Building Society has a three year stepped discount, 100% first time buyer discount, a shared ownership three year discount, 0% for six months, as well as a 10 year discount.

Saffron Tracker Mortgage

Saffron tracker mortgages assure that they will track the Bank of England base rate and will be equal to or a percentage similar to that rate until a certain date is reached. Types of tracker mortgages offered by Saffron include a lifetime tracker, lifetime tracker with no fees attached, three year tracker, shared ownership lifetime tracker, self build/major renovation, climate change lifetime tracker, and self certification three year tracker.

Saffron Buy-to-Let Mortgage

Finally, buy to let mortgages are made for property investors. With Saffron Building Society, buy to let mortgages range from a buy to let 6.19% fixed rate, buy to let 1.91% two year discount, buy to let 2.35% two year discount, buy to let lifetime tracker without any up front fees, buy to let 5.58% tracker, buy to holiday let tracker, and the buy to holiday let tracker which includes planning restrictions.

About Loan-Seeker.co.uk and the Saffron Building Society

The Saffron Building Society is not related to and does not have a direct business relationship with Loan-Seeker.co.uk. Loan-Seeker.co.uk does not promote, market or sell Saffron Building Society products such as Saffron Building Society loan, Saffron Building Society mortgage or Saffron Building Society remortgage products. Loan-Seeker does not work for or on behalf of the Saffron Building Society in any manner but Loan-Seeker.co.uk may choose to promote the Saffron Building Society loan products shown below at a future point should the opportunity and appropriate conditions arise:

• Saffron Car Loan
• Saffron Mortgages
• Saffron Remortgages
• Saffron Homeowner Loan
• Saffron Secured Loan
• Saffron Personal Loan
• Saffron Unsecured Loans

The Loan-Seeker.co.uk website does not offer broker or lender services. Loan-Seeker.co.uk is website that operates as an independent service, which means that we are not employed by a specific lender company. Visit the Saffron Building Society online here if you would like to find out more about the Saffron’s range of products and services: www.saffronbuildingsociety.co.uk.