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  • We have temporarily withdrawn all shared ownership products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

The Melton Launches Product Transfers

16/03/2018

The Melton has launched a new Product Transfer Service which means brokers can now offer the Melton’s internal scheme transfer mortgage rates to our existing customers. The service is available for both Society and MBS Lending products and the Melton will pay a procuration fee of 0.25% of the loan amount for all fully completed product transfers.

“The Society’s new product transfer service is a clear reflection of our commitment to supporting our intermediary partners,” says Nicola Alvarez, Director of Sales & Marketing at the Melton. “Product transfers open up a new avenue for brokers and we will pay a procuration fee for helping us to look after our existing customers by transferring them on to our loyalty products.”

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.