Coronavirus - Help us to help you.

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

THE INFORMATION ON THIS WEBPAGE IS FOR THE USE OF PROFESSIONAL INTERMEDIARIES ONLY
visit: MBS Lending  |  The Melton Building Society

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Modern Methods of Construction

31/07/2018

The following modern methods of construction property types and cladding systems will be considered for self build lending, subject to satisfactory insurance and new build warranty, along with a full assessment of the demand and future salability:

• Huf Haus
• SIPs (structural insulated panels) where the outer skin is masonary, brick, polymer/cement renders or a combination of these
• Timber frame where the cladding is masonary, brick, polymer/cement renders or a combination of these
• Light guage metal framing where the cladding is masonary, brick, polymer/cement renders or a combination of these
• CLT panel (cross laminated timber) where the cladding is masonary, brick, polymer/cement renders or a combination of these

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