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  • We have temporarily withdrawn all shared ownership products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
visit: MBS Lending  |  The Melton Building Society

Rates 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 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.

Posted in:

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.