Coronavirus - Help us to help you.

From Monday 1 March 2021 Melton for Brokers will be open Monday to Friday, 9am to 5pm.  Our Lending Team is available 9am to 12pm on Saturdays. Key Temporary Criteria

  • Maximum LTV is 90%
  • We are now accepting new build applications up to max 80% LTV (60% for flats)
  • 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

The Melton for Brokers

THE INFORMATION ON THIS WEBPAGE IS FOR THE USE OF PROFESSIONAL INTERMEDIARIES ONLY

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The Melton Launches Desktop Valuations

17/04/2020

We’ve been working tirelessly to provide a solution to support our brokers during this unprecedented time and we are pleased to be launching a new desktop valuation service with effect from Friday 17th April and relaunching our products up to 90% LTV.

A desktop valuation will be carried out on all applications up to 90% LTV where it meets our criteria. Applications up to 75% LTV can then progress to offer as normal. Applications above 75% LTV and those that do not meet our desktop valuation criteria will be subject to a physical valuation being carried out when possible, before an offer can be issued.

All products above 60% LTV prior to being temporarily withdrawn will be reinstated up to 90% LTV, with the exception of our Help to Buy and Advance Self Build products. We will not be accepting new build applications during this time.