This increase in loan size is for mortgages up to 75% LTV.
The Melton Building Society has increased its maximum loan size to £1m for mortgages up to 75% LTV.
Dan Atkinson, head of sales and marketing at The Melton, said: “We regularly review our proposition and are always looking for ways to improve our product range, particularly if it’s something our customers and brokers are asking for.
“Increasing our maximum mortgage loan size combined with our flexible underwriting makes our products accessible to a wider range of customers and gives brokers more choice in finding the right solutions for their clients.”
