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News
Articles in the category Uncategorised
The Melton Re-Enters High LTV Market
20/11/2020
The Melton launched a limited tranche of 85% and 90% LTV mortgages on Wednesday 18 November 2020. Both products are available for purchase and remortgage: 5 Year Fixed Rate at 3.79%, 90% LTV with a £199 application fee. Minimum loan amount £150k. Available to purchasers in the East Midlands only. Not available for new builds...
Learn moreSelf Build Sale – the Melton Reduces Rates on Self Build
19/10/2020
The Melton has reduced rates by up to 50 bps on its Standard, Eco and Short Term Self Build mortgages. With rates starting at 3.49%, self build, custom build, renovation and conversion is increasingly available to a wider range of customers. “Self-build plays a key role in increasing housing supply and we are committed to...
Learn moreRates Reduced on Help to Buy Fixes
19/10/2020
The Melton has reduced rates on its 3 and 5 year fixed rate Help to Buy products by 50 bps. The Melton’s Help to Buy products are available for both purchase and remortgage, including staircasing, to support the growing number of first time buyers and existing Help to Buy homeowners who are facing affordability challenges:...
Learn moreThe Melton Voted Best Self Build Mortgage Provider for Second Year in a Row in What Mortgage Awards
16/07/2020
The Melton has been voted Best Self Build Mortgage Provider in the What Mortgage Awards 2020 for the second year in a row. The Society also received Highly Commended in the Best Building Society Customer Service category. Voted for by consumers, the What Mortgage Awards recognise the best businesses in the UK’s mortgage and personal...
Learn moreUndertaking Building Work: New NaCSBA Guidance
15/05/2020
NaCSBA has produced guidance for anyone undertaking building work on site, including self builders. NaCSBA’s guidance will help self builders navigate the risk involved, and provides signposts to wider professional and governmental guidance about health and safety. Please click here to view the guidance.
Learn moreThe Melton Launches Desktop Valuations
17/04/2020
We’ve been working tirelessly to provide a solution to support our brokers during this unprecedented time and we are pleased to be launching a new desktop valuation service with effect from Friday 17th April and relaunching our products up to 90% LTV. A desktop valuation will be carried out on all applications up to 90%...
Learn moreThe Melton Enters Help to Buy Market
21/01/2020
The Society is entering the Help to Buy market with the launch of two new Help to Buy mortgages for both purchase and remortgage, including staircasing, to support the growing number of first time buyers and existing Help to Buy homeowners who are facing affordability challenges: • Help to Buy England and Wales – 5...
Learn moreThe Melton Wins Building Society of the Year Award
15/10/2019
The Society has won the award for Building Society of the Year in the prestigious MoneyAge awards. At the awards ceremony the Society was recognised for its focus on innovation, customer outcomes and commitment to its local communities.The MoneyAge Awards celebrate excellence, professionalism and innovation in the personal finance industry
Learn moreMaximum Loan Size Increased to £1m
02/10/2019
The Melton Building Society has increased its maximum loan size to £1 million for mortgages up to 75% LTV. “We regularly review our proposition and are always looking for ways to improve our product range, particularly if it’s something our customers and brokers are asking for,” says Dan Atkinson, Head of Sales & Marketing, the...
Learn moreRates Reduced on Fixed Rate Mortgage Scheme Transfers
08/05/2019
The Melton has reduced rates on all its fixed rate scheme transfer products by up to 30 basis points. Existing customers can transfer their mortgage up to three months before the end of the term, either direct with the Melton or through a mortgage broker, with no application or completion fees. “We believe in rewarding...
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