They come with no application fees and a free basic valuation
Melton Building Society has launched two new 80% loan-to-value (LTV) products, offering competitive fixed rates for two- and five-year terms.
Following recent changes to its high LTV and buy-to-let ranges, the mutual has expanded its focus to include 80% LTV residential fixed rate products, aiming to strengthen its portfolio.
Available to new and existing customers, the two-year fixed rate is priced at 5.15%, while the five-year fixed rate is set at 4.79%. Both products come with no application fees and a free basic valuation.
“As a mutual building society, we are committed to supporting more people with their home ownership aspirations,” said Dan Atkinson (pictured), head of intermediaries at Melton Building Society. “We can do that by offering people a broader choice of good value mortgage products.
“These changes to our product offering are a clear demonstration of how we bring that commitment to life. Alongside our flexible criteria and our new application portal we are working hard to listen to consumers and brokers to serve customers’ needs and create a positive application experience for consumers and brokers alike.”
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