From Monday 1 March 2021 Melton for Brokers will be open Monday to Friday, 9am to 5pm. Our Lending Team is available 9am to 12pm on Saturdays. Key Temporary Criteria
Maximum LTV is 90%
We are now accepting new build applications up to max 80% LTV (60% for flats)
We will consider furloughed applicants by referral only. Please contact us to discuss with full details of the circumstances before submitting an application
We are conducting desktop valuations on all applications up to 70% LTV that meet our AVM criteria. These can then progress to offer as normal. Applications above 70% LTV and those that do not meet criteria, will be progressed as far as possible and subject to a physical valuation before a binding offer can be issued. We are now instructing physical valuations in England & Wales
The Melton for Brokers
For professional intermediaries only
This site is for mortgage professionals and not intended for public use. Before continuing please confirm you are a mortgage professional by clicking on the button below:
If you are not a mortgage professional, click here to be taken to our public website.
Please note our offices will be closing at 12.30pm on 24 December until 9am on 27 December.
We will also be closed on Wednesday 1 January 2020.
Wishing you a very Merry Christmas and a Happy New Year.
We Welcome Your Feedback
Help us improve your experience by taking our short survey
Full details and proof of payments will be required for all current and previous mortgages, including second charges, held in the last 12 months unless Experian Insight information is available
We will accept the latest mortgage statement, which must be supported by bank statements showing payments from the statement end date to the application date
For let to buy, where current mortgage will remain, rental income must cover the mortgage payments by minimum of 145%. In addition, confirmation will be required from current lender that they are in agreement with the tenancy and a copy of the tenancy agreement will be required
Full details will be required for all current and previous tenancies held in the last 12 months
Confirmation of rental payments will be verified by bank statements