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Over £28,000 for Local Charities

The Society has donated a total of over £28,878 to four local charities:  Home-Start Horizons, a charity to help children get the best start in life; the Derbyshire, Leicestershire and Rutland Air Ambulance Service (DLRAA); Leicestershire and Rutland hospice, LOROS and The Phoenix Children’s Foundation.  The money was raised in 2019 through affinity savings accounts which give savers an attractive rate of interest, whilst every year the Society donates a percentage of the average daily account balances to the relevant charity.

“This fantastic donation from the Melton Building Society will help us to continue making a difference to the lives of children and families in Melton and Rutland,” said Stuart Sullivan, Chief Executive, Home-Start Horizons.  “We recruit and train volunteers to work with families offering practical help and emotional support to parents with the aim of helping parents to give their children the best possible start in life. This would not be possible without the support of organisations such as the Melton,” concluded Stuart Sullivan.

“Our affinity partners all provide extremely valuable services to our local community and we are proud to be able to make these donations.  Affinity accounts enable our members to help their chosen charity as the more money they save, the more the Melton donates to the charity each year,” added Martin Reason, Chief Executive, the Melton.

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Bank of England Base Rate

On 1st August 2024 the Bank of England’s Monetary Policy Committee (MPC) met and decided to decrease the Bank Base Rate by 0.25% to 5.00%.

Following this change, Base Rate tracker mortgages will be decreased by 0.25% from the 1st September 2024.

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If you have any concerns about financial difficulty, please contact the Mortgage Services Team on 01664 414141 so we can help support you.