The Building Society difference

As a mutual building society we’re owned by our customers – our savers and borrowers. To us you’re more than a customer, you’re a member and the Society is owned by our members.

Unlike banks, being a mutual Society means we don’t have shareholders to pay dividends to so we can share the results of our success with our members through higher interest rates for savers, lower rates for borrowers and providing better services.

This also means contributing to the communities we serve, including supporting local charities not only financially, but also voluntarily with our time, experience and knowledge.

Member Benefits

At the Melton we believe loyalty should be rewarded and our existing members have access to our full range of mortgage and savings products.

Loyalty mortgages

As an existing mortgage customer you may also be eligible to:

• Switch to a new product up to 3 months before the end of your current mortgage deal without paying any product fees or incurring an early repayment charge
• Apply for additional borrowing
• Take your mortgage with you to a new home
• Have a savings account to reduce the amount of interest you pay on your mortgage – this is called an Offset

Loyalty savings

As a Melton savings customer you could:

• Get a mortgage with the Melton with no application fee if you have had a savings account with us for 5 years or more
• Take out a local and loyal ISA – only for local customers or members of the Society for 5 years or more
• Open a Wild Ones Young Savers account – only for local customers or members of the Society for 5 years or more – and get a free Wild Ones Pack provided through our unique partnership with our local Wildlife Trusts.

Introduce a friend and we will give you £100 once their mortgage completes. Call in to your local branch to pick up a voucher.  Terms and conditions apply.  Subject to lending criteria.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH REPAYMENTS ON YOUR MORTGAGE 

You said, we did

You said “When I finish my self build home why can’t I transfer to a standard mortgage with the Melton without having to pay early repayment charges?” We said “Why don’t we?” so we did!