Rates Reduced on Fixed Rate Mortgage Scheme Transfers

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 customers who want to stay with us by offering our best value rates and removing product fees,” said Dan Atkinson, Head of Sales & Marketing, the Melton. “Brokers can also benefit from a 0.25% procurement fee for helping us to look after our existing customers by transferring them on to our loyalty products.”

The Melton provides an online end to end mortgage processing system that enables brokers to register, obtain a DIP, submit an application, upload documents and track cases online – all in one easy to access place. They can also access current service levels, affordability calculators, product guide and lending criteria.