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  • We have temporarily withdrawn all shared ownership products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

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The Melton Voted Best Self Build Mortgage Provider for Second Year in a Row in What Mortgage Awards

16/07/2020

The Melton has been voted Best Self Build Mortgage Provider in the What Mortgage Awards 2020 for the second year in a row. The Society also received Highly Commended in the Best Building Society Customer Service category. Voted for by consumers, the What Mortgage Awards recognise the best businesses in the UK’s mortgage and personal finance markets.

“Recognition in these awards is a fantastic achievement and a clear reflection of the hard work of our people in consistently delivering not only great products, but also excellent customer service,” said Dan Atkinson, Head of Sales & Marketing, the Melton Building Society. “The Society has long pioneered the development of self build finance and we constantly enhance our proposition to make self build available to a wider range of customers, including first time buyers.”

The Melton is one of just a few lenders who will lend to purchase land and the Society’s award-winning range of self build products includes a Self Build Advance Mortgage which provides stage payments in advance of each build stage, an Eco Mortgage with a special discounted rate that recognises investment in energy efficient features and a Family Assist Self Build product, helping younger borrowers with no deposit to build their own home.

The Society 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, lending criteria and the Society’s self build hub.

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.