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News
The Melton Scoops Seven Industry Awards in 2017
11/01/2018
The Melton received seven accolades last year in four key industry awards – MoneyAge, What Mortgage, Moneyfacts and most recently, the Mortgage Finance Gazette Awards. “We are extremely proud to be recipients of these awards, including winner of Mortgage Provider of the Year in the MoneyAge Awards for the second year in a row,” said...
Learn moreNew Lower ICR for Business Buy to Let Remortgages
27/11/2017
The Melton has launched a new pound-for-pound remortgage product for business buy to let customers only with a lower interest coverage ratio of 130% of the monthly mortgage interest payment. This product is calculated on an interest only basis using a stressed interest rate of 5.5%. The Melton considers lending to landlords with a portfolio...
Learn more75% LTV on Buy to Let from the Melton
31/07/2017
Following feedback from brokers, the Melton has increased the LTV on its Consumer, Family and Business Buy to Let products from 60% to 75% making buy to let a viable option for a wide range of customers. The Melton’s buy to let proposition allows landlords a portfolio of up to three properties with a total...
Learn moreThe 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...
Learn moreNew Family Assist Self Build Mortgage
08/05/2017
The Melton has extended its range of self build mortgages with the launch of a new Family Assist Self Build Mortgage. This innovative new product allows parents to provide the deposit and have it returned as a final stage payment on completion of the build, making self build a viable option for a diverse range...
Learn moreYou said. We did.
03/03/2017
As a direct result of feedback from our broker survey in September, we have implemented a number of changes to improve our service to you. 54% of respondents asked for quicker processing times and an online application system. We’ve provided just that, including a brand new easy to use broker website.
Learn moreYou’d be surprised at how we help first time buyers…
03/03/2017
5% minimum deposit Parents allowed on mortgage to support affordability Gifted deposit accepted Share ownership up to 95% loan to share
Learn moreYou’d be surprised how easy it is to do business with us…
17/11/2016
Our new online end to end mortgage processing system enables you to register, obtain a DIP, submit an application, upload documents and track cases online – all in one easy to access place. Simply register for an online account where you will be able to submit a Decision in Principle (DIP) and a full mortgage...
Learn moreThe Melton scores awards hat trick!
17/11/2016
The Melton has received three top industry awards in 2016 – Moneyfacts commendation in the First Time Buyer category, winner of Mortgage Provider of the Year in the MoneyAge Awards and winner of the Mortgage Finance Gazette Mortgage Product Innovation Award. “We are extremely proud to be winners of not just one, but three industry...
Learn moreMoneyAge Mortgage Provider of the Year
14/10/2016
The MoneyAge Mortgage Provider of the Year award is one of the most coveted of all the MoneyAge accolades, given how competitive a market it is and how crucial this form of lending is to consumers today. This year the trophy went to a lender which has shown a true dedication to meeting its...
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