The deal has a maximum LTV of 80% and comes with refunded valuation fees and free basic legal work on remortgages.

Rob Jupp, managing director at Brightstar, said: “Feedback from our broker partners loved the LTV at 80%, loved the rent calculation, but felt the completion fee was too high. Our friends from the Saffron listened to our feedback and have made this really positive change.”

John Eastgate (pictured), Saffron’s sales and marketing director, added: “Reducing the fees on this deal will no doubt heighten the attraction of what is already a distinctive product, owing to its 80% maximum LTV.

“Our common-sense attitude to lending allows us to support a wide range of mortgages and we think that our personal underwriting approach differentiates us from the mass market.”