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.
MBS Lending goes Online!
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.
As part of our continued commitment to the intermediary market, we have listened to your feedback and on Wednesday 17th November you will have access to our new MBS Lending online mortgage processing system.
This new system will enable you to access our new online affordability calculator, submit a DIP, submit an application, upload documents and produce an ESIS online – all in one easy to access place. You will also be able to track your applications through to mortgage offer from the portal.
Our new portal is powered by leading fintech, Mast. The system includes some exciting intuitive features to make the journey as seamless as possible such as:
- Document Text Extraction – saves you time by automatically extracting data from scanned documents such as a P60 and adding it to the application.
- Our lending policy and individual product criteria is built into the system to help ensure you receive the right product offering for your client based on the information you provide.
- Real-time notifications of case updates, live chat technical support and more.
You can register and login to the new portal by clicking here or from the home page on our website mbslending.co.uk
If you would like to learn more about Mast, visit usemast.com or get in touch via [email protected]
New 2 Year Fixed Rates
We are pleased to let you know that, with effect from Thursday 18th November 2021, the Society will launch two new 2 year fixed rate products to complement our existing range.
Standard Resi Fixed Rates
FIX 172 – 2.35% 2 Year Fixed Rate to 29 February 2024, 85% LTV, No Fees, Free Basic Valuation (terms apply), 2 Years’ ERCs, Not available for flats, Min loan £100k
FIX 173 – 2.49% 2 Year Fixed Rate to 29 February 2024, 90% LTV, No Fees, Free Basic Valuation (terms apply), 2 Years’ ERCs, Not available for flats, Min loan £150k
For full details of our new products and criteria, please visit our website www.themeltonbrokers.co.uk.