Brilliant Solutions

Melton BS Product Update

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. 

 
Fixed Rate Product Update

Effective 24 June 2020, the following 2 year fixed rate mortgage products will be launched:-

Standard Resi
FIX 117 – 2.25% 2 Year Fixed to 30 November 2022, 80% LTV, No fees, Max loan size £500k. Fees Assisted Legals.

FIX 118 – 2.09% 2 Year Fixed to 30 November 2022, 75% LTV, No Fees, Max loan size £1m. Fees Assisted Legals.

Buy to Let
BTL 089 – 2.29% Business Buy to Let Fixed to 30 November 2022, 75% LTV, Fees £199/£399, Max loan size £500k.

BTL 090 – 2.79% Holiday Buy to Let Fixed to 30 November 2022, 75% LTV, Fees £199/£399, Max loan size £500k.

BTL 091 – 3.09% Family Buy to Let Fixed to 30 November 2022, 75% LTV, Fees £199/£399, Max loan size £500k.

 
Fixed Rate Product Withdrawal

Effective close of business on Friday 26th June 2020, the following fixed rate mortgage products will be withdrawn:-

Standard Resi
FIX 111 (initial pay rate 2.65%)
FIX 090 (initial pay rate 2.49%)
FIX 110 (initial pay rate 2.89%)
FIX 106 (initial pay rate 3.19%)

Shared Ownership
FIX 114 (initial pay rate 3.59%)

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