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%.

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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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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