Melton Building Society have announced some forthcoming product changes. See below for details. For current product information, their intermediary website can be accessed here. REMEMBER, you can access the Melton product range using our Direct to Lender mortgage club so do contact us for further information.
Melton Product Update –
Effective Wednesday 27th January 2021, the following products will be launched.
We have reduced the rates and removed the East Midlands restriction on the 90% product.
Standard Residential Fixed Rates
FIX 138 – 2.89% 5 Year Fixed Rate to 31 December 2025, 85% LTV App fee £199. Not available for new build properties or flats. 5 Years’ ERCs.
FIX 139– 3.59% 5 Year Fixed Rate to 31 December 2025, 90% LTV App fee £199. Not available for new build properties or flats. 5 Years’ ERCs.
Withdrawn Products
FIX 137 (initial pay rate 3.79%)
FIX 136 (initial pay rate 2.99%)
Outstanding applications will be given a deadline of close of business on Wednesday 27th January 2021 for submission.
For full details of our new products and criteria, please visit our website www.themeltonbrokers.co.uk. If you have any queries please call our Broker Support Team on 01664 414144.