The Melton Launches Product Transfers

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.”