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Rates 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:

  • Help to Buy England and Wales – 5 year fixed rate 2.25%, £199 application fee. Max LTV 75%
  • Help to Buy London – 5 year fixed rate 2.19%, £199 application fee. Max LTV 55%
  • Help to Buy England and Wales – 3 year fixed rate 2.15%, £199 application fee. Max LTV 75%
  • Help to Buy London – 3 year fixed rate 2.09%, £199 application fee. Max LTV 55%

“We are committed to helping first time buyers get onto the property ladder by ensuring we offer a choice of products that support affordability,” says Dan Atkinson, Head of Sales and Marketing, the Melton.

Further information about the Melton’s Help to Buy products and criteria can be found on the Society’s the Help to Buy section on their broker website www.themeltonbrokers.co.uk or by calling Broker Support Team on 01664 414144.

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