First Time Buyers & Low Deposit Mortgages

The Melton - Here to help...

Choosing a mortgage can be a daunting task, particularly if you’re buying for the first time! At the Melton we know that one size does not necessarily fit all so you will always speak to a mortgage adviser at your local branch, and never be put through to a call centre.

We offer a choice of mortgages suitable for first time buyers, including discounted variable rate mortgages that give you a guaranteed discount off our Standard Variable Rate, with deposits from as little as 5%.

4.85% Fixed Rate to 31 March 2017

A fixed rate mortgage is ideal for first time buyers and customers wanting to plan ahead and budget better without any unwanted surprises.  This type of mortgage offers certainty and stability for those who prefer to budget for a fixed period of time.

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Local 3.99% Fixed Rate to 31 December 2018

Suitable for local customers looking to purchase a property in Leicestershire, Lincolnshire, Nottinghamshire or Rutland or members who have been loyal to the Society for 5 years or more. A fixed rate mortgage is ideal for customers wanting to plan ahead and budget better without any unwanted surprises.  This type of mortgage offers certainty and stability for…

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4.99% Fixed Rate to 31 December 2018

A fixed rate mortgage is ideal for first time buyers wanting to plan ahead and budget better without any unwanted surprises.  This type of mortgage offers certainty and stability for those who prefer to budget for a fixed period of time.

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Local 3 Year Discounted Rate 2.69%

Ideal for local first time buyers and customers looking for a low deposit mortgage, with a lower interest rate for local customers.

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Direct 2.99% Fixed Rate to 30 June 2017

A fixed rate mortgage is ideal for customers wanting to plan ahead and budget better without any unwanted surprises.  This type of mortgage offers certainty and stability for those who prefer to budget for a fixed period of time.

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3 Year Discounted Rate 4.49%

Ideal for first time buyers, shared ownership and customers looking for a low deposit mortgage.

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Local 3 Year Discounted Rate 4.09%

Ideal for local first time buyers, shared ownership and customers looking for a low deposit mortgage, with a lower interest rate for local customers.

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Local Shared Ownership Mortgage

 

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Shared Ownership Mortgage

 

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3 Year Discounted Rate 3.09%

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3 Year Discounted Rate 2.79%

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Discounted Rate for Term 2.99%

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Credit Repair Mortgages

 

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