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.
Discounted Product Changes
Effective Monday 20th December 2021, the following discounted products will be relaunched with the Offset feature removed:-
Standard Residential
DISC 049 – 1.99% 75% LTV, Discounted rate for term, Right To Buy and interest Only
RIO
DISC 050 – 2.99% 50% LTV, Retirement Interest Only, Discounted for term
Self Build
SB 051 – 3.49% 50% LTV, Standard Self Build, 3 Year Discounted
SB 048 – 4.09% 75% LTV, Standard Self Build, 3 Year Discounted
SB 050 – 4.09% 75% LTV, Short Term Self Build, Discounted for Term
SB 047 – 4.59% 75% LTV, Advance Self Build, 3 Year Discounted
SB 049 – 3.79% 75% LTV, ECO Self Build, 3 Year Discounted
Product Transfers
STDR 119 – 1.39% 50% LTV, 3 Year Discounted
STDR 118 – 1.69% 75% LTV, 3 Year Discounted
STDR 115 – 4.59% 75% LTV, 3 Year Discounted, Self Build
STDR 117 – 1.99% 75% LTV, Discounted for Term
STDR 113 – 2.29% 80% LTV, Discounted for Term
STDR 114 – 2.49% 90% LTV, Discounted for Term
STDR 116 – 2.99% 95% LTV, Discounted for Term
Withdrawn products
DISC 044 (initial pay rate 1.99%)
DISC 041 (initial pay rate 2.99%)
SB 044 (initial pay rate 3.49%)
SB 042 (initial pay rate 4.09%
SB 043 (initial pay rate 4.09%)
SB 046 (initial pay rate 4.59%)
SB 045 (initial pay rate 3.79%)
STDR 112 (initial pay rate 1.39%)
STDR 102 (initial pay rate 1.69%)
STDR 103 (initial pay rate 4.59%)
STDR 105 (initial pay rate 1.99%)
STDR 110 (initial pay rate 2.29%)
STDR 111 (initial pay rate 2.49%)
STDR 109 (initial pay rate 2.99%)
For full details of our new products and criteria, please visit our website www.themeltonbrokers.co.uk.