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The company will be closing early on Tuesday 16th September at 2pm for all staff training across all departments. We will be open as usual on Wednesday 17th September. We apologise for any inconvenience this causes.
The deadline for express requests on the 16th September will be 1 PM.
In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.
The office will re-open at 9am on Tuesday 20th September.
Melton Building Society boosts maximum loan size across all LTVs Melton Building Society have increased the maximum loan across all loan to values with effect from 24th May to support a broader range of borrowers with the challenges of rising house prices. From 24th May the maximum loan size across the Melton Building Society’s loan …
Melton Building Society revises mortgage product range From the 15th February the Melton Building Society will be reducing rates across their range of Credit Repair products by up to 0.49% and introducing a brand new Self Build product, free of any early repayment charges. Melton Building Society have reaffirmed their commitment to helping make home …
Effective Friday 17th February, Melton Building Society are launching new fixed rate holiday BTL products, regulated & non-regulated. Holiday BTL USP’s: Affordability is assessed on the rental income (ICR) – low, med, high average Available across England & Wales Air BnB considered Applicants allowed to holiday in the property for up to 10 weeks of the …
Product Withdrawal Effective 12pm on Wednesday 28th September 2022, all standard residential fixed rate products, below 90% LTV, will be temporarily withdrawn. We are withdrawing these products to enable us to prioritise servicing our existing pipeline please and to avoid our SLAs increasing further. Withdrawn CodesFIX 240 FIX 241FIX 242FIX 243FIX 244FIX 245 Applications on the …
Increase to Society’s SVR Effective Wednesday 1st June 2022, we are planning to increase the Melton Building Society’s Standard Variable Rate from 4.99% to 5.39%. As a result of this SVR increase, we are likely to reprice a number of our discounted products – these will be confirmed shortly. For full details of our new …
Fixed Rate Product Changes Product Changes Good morning, Effective Thursday 12th May 2022, the following fixed rate products will be launched:- Standard ResidentialFIX 195 (initial pay rate 2.49%) Fixed 31 July 2024, 75% LTV, £499 completion fee FIX 196 (initial pay rate 2.59%) Fixed 30 June 2027, 75% LTV, £199 app fee FIX 197 (initial pay …
Product Changes Effective Friday 22nd April 2022, the following discounted products will be launched:- Standard Residential DISC 051 – 1.89% 75% LTV, 2 Year Discounted Rate, available for Right To Buy and Interest Only, £199 App Fee, 2 years’ ERCs DISC 052 – 1.99% 80% LTV, 2 Year Discounted Rate, available for Right To Buy and …
Scheme Transfer Product Changes Effective 13 April 2022, the Society will launch the following new scheme transfer products: New Products STDR 130 (initial pay rate 1.65%) 2 Year Discounted, 75% LTV STDR 129 (initial pay rate 1.75%) 3 Year Discounted, 75% LTV STFX 140 (initial pay rate 2.55%) Fixed Rate to 30 June 2027, 75% …
MBS- Holiday Buy to Let Product Changes Effective 25 March 2022, the Society will launch the following new buy to let products: Holiday Buy to LetBTL 129 (initial pay rate 3.09%) Holiday Buy to Let Fixed Rate to 31 July 2024, 75% LTV. £199 Application Fee, £999 Completion Fee. 2 years ERCs. Also available as …