THE INFORMATION ON THIS WEBPAGE IS FOR THE USE OF PROFESSIONAL INTERMEDIARIES ONLY
The Melton Building Society

Shared Ownership

15/08/2017
  • The maximum loan to value ratio considered by the Society is 95% of the share being purchased subject to a maximum of 75% of the value of the property for the purposes of staircasing (maximum 60% LTV for new build flats)
  • Society will only lend on 25% of affordable scheme housing on any single development subject to a cap of 10 properties
  • Shared Ownership is not available on Credit Repair adverse products
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