Product Transfer criteria

Retention products are available to existing SBS and Crocus customers only, although the following are not permitted to transfer to a new product: 

• Commercial.

• A mortgage loan that has had an Arrears Ratio of greater than 1.0 at any month end in the last 12-months.

• Property let without consent or suspected of having done so.

• Let with consent – these must remortgage onto a Consumer BTL when they reach the end of the product term. 

• BTL mortgage that is currently occupied by the borrower with consent – these must remortgage onto a Residential basis when they reach the end of the product term. 

• Mortgages that are currently in breach of contract.

• Shared Ownership.

If you have any questions do reach out to the IST team at ist@saffronbs.co.uk or call us on 01799 582925