Coronavirus - Help us to help you.

We have temporarily reduced our opening hours.  From Monday 8 June our Principal Office will be open Monday to Friday, 9am to 6pm and closed on Saturdays. Please be patient with us while we work hard to minimise the impact of COVID-19 on our services. We apologise for any inconvenience this may cause.

Due to unprecedented demand we are extremely busy at the moment and our service levels may be longer than normal.  We apologise for any inconvenience this may cause.

Key Temporary Criteria

  • Maximum LTV is 80%
  • We are now accepting new build applications up to max 80% LTV (60% for flats)
  • We have temporarily withdrawn all shared ownership products
  • 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

 

Thank you for your patience
The Melton for Brokers

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

Manage Cookie Settings

Preferences updated.

Essential Cookies

Essential cookies allow us to remember the choices you make on our site and to provide enhanced and more personalised features, such as acknowledging a service announcement, remembering if we have asked you to participate in a promotion and for other services you request. These features help us to improve your visit to our website and are essential to the funcionality of the website and so cannot be disabled.

Non-Essential Cookies

The non-essential cookies on our website are mainly analytical cookies and are used to track visitors on the website. They are crucial in measuring the performance of a website and to optimise it. If you do not wish for us to track your usage you can disable these here

We use essential cookies to make our site work. We'd also like to set non-essential analytics cookies to help us improve it. We won't set non-essential cookies unless you 'Accept All Cookies'. Using this tool will set a cookie on your device to remember your preferences. For more detailed information about the cookies we use, see our Cookie policy

Security types

23/08/2017

The Society will lend on freehold houses and bungalows, but not on flats

1. Society Standard
The Society will consider loans to individuals requiring funds to purchase land with full planning permission and building regulations approval for a residential property and for the construction of a residential property with monies being released in stage payments in arrears

2. Society Advance
The Society will consider loans to individuals requiring funds to purchase land
with at least outline planning permission for a residential property and for the construction of a residential property with monies being released in stage payments in advance

Full details including plans, cost estimates, schedule of works and timescales must be obtained

Posted in:

Service Update

Due to unprecedented demand we are extremely busy at the moment and our service levels may be longer than normal.

We apologise for any inconvenience this may cause.