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  • We have temporarily withdrawn all shared ownership products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

The Melton Broadens Accessibility Of Self Build

06/07/2017

In direct response to customer feedback, the Society has launched a new Short Term Self Build Product with a minimum term of 12 months and maximum term of 5 years, with no ERCs (early repayment charges).  This product will be particularly beneficial to customers who may also own a residential property that they wish to sell on completion of the build.

This innovative new product means the Melton now has five products in its self build range making self build, conversion and renovation accessible to a diverse range of customers, including first time buyers:

  • Short Term Self Build – no ERCs
  • Family Assist Self Build Mortgage – parents can provide deposit and have it returned on completion, stage payments in arrears
  • Self Build Advance – provides stage payments in advance
  • Self Build Standard – provides stage payments in arrears
  • Eco – discounted rate for eco friendly features.

“We don’t just listen to customer feedback, we take action,” says Nicola Alvarez, Director of Sales and Marketing at the Melton.  “As a small mutual we have the expertise and flexibility to do things differently by breaking down potential barriers to home ownership and making the self build dream a viable choice for a wide range of customers.”

Full details of products can be found on the Melton’s website www.themeltonbrokers.co.uk or by calling Broker Support on 01664 414144.

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.