Saffron BS launches Next Step mortgage to help second-steppers

Saffron BS launches Next Step mortgage to help second-steppers
Saffron Building Society has announced the launch of a new mortgage designed to help second and subsequent time buyers struggling to raise a deposit, take their next step on the housing ladder.
The Next Step Mortgage, which is available via mortgages brokers, has the following features:
– Available up to 95% LTV
– 5.99% rate fixed to 31/8/16
– No early repayment charges
– For house purchases up to £500,000
– £495 arrangement fee
– also available to third, fourth and subsequent time movers