If you plan on doing a lot of riding, keep looking. This is a low end saddle. The finish is more like a paint not a good dye. In order to make a cheap saddle, cheap materials are used, beginning with the tree. The metal is recycled pig iron with air bubbles. The metal in the pommel acts like a bridge across the withers and hold attaches to the wooden tree. Just not a good item to buy.
Looks like a cheap far-east made saddle to me. Like saddlebag said the trees are poor, leather's far better than it was 30 years ago but drum-dyed so the colour fades and it wears faster, and the flocking is often short-fibre carpet waste. I'd avoid.
I am by no means a saddle expert but I will tell you from weeks of saddle searching, a low price saddle new always means cheap quality and a pissed off horse. It looks to me the manufacturing of a good saddle is not cheap for the salld maker.
I would agree with all the posts so far to a point. I have repaired several of the derwent saddles over the years. The trees do not stand a lot of abuse and the leather is generaly on the thick side and not good quality. But on the brighter side I have used them and when they fit and are conditioned and taken care of can be a okay starter saddle for someone that just wants to get their foot in the door on english riding. I would look at the stiching on the billets and make sure the tree is okay before trying it. I have seen these saddles priced for three hundred dollars but I have always sold them reconditioned for one hundred with fittings cause that is what I think they are worth after I have gone threw to make sure they are safe. On all the ones I have had apart the webing does go over the tree like it should I have seen some makes of saddles that are so cheep that the billet webbings are tacked under the tree. And so derwent did try a little at least.
I had another thought. For not very much more money you can pick up a better brand I have seen stubbens for three hundred and I have gotten some very nice old ones for one hundred that needed repairs so look around its fun.