Saffron Residential

Manual Underwriting: Saffron prides itself on a manual underwriting process, meaning each case is assessed on its own merits, allowing for greater flexibility when dealing with complex client situations or unusual income streams. 

Self-Employed Solutions: Unlike some high street lenders, Saffron is more accommodating to self-employed borrowers, often considering applications with just one year of trading history or with complex income structures, such as directors with multiple revenue sources. 

Joint Borrower Sole Proprietor Mortgages: Ideal for families looking to support first-time buyers, this product allows parents or relatives to assist with mortgage affordability without being on the property title, reducing potential tax implications. 

Contractor-Friendly Approach: Contractors with short-term or rolling contracts can find it difficult to secure mortgages. Saffron is open to considering applications from contractors, often assessing their affordability based on day rates and a history of contract renewals. 

Credit Flexibility: Saffron is more forgiving than many lenders when it comes to clients with less-than-perfect credit, particularly for minor credit issues or historical problems that have since been resolved. 

Later Life Lending Options: For older borrowers, including those looking to borrow into retirement, Saffron offers mortgage options that take pension income into account, providing opportunities for borrowers up to the age of 85.