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Why choose us?

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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
  • If we can’t help you with another Melton mortgage, we’re working with the UK’s leading mortgage broker, Mortgage Advice Bureau, who will search over 90 different lenders to help find the best mortgage for you.  What’s more, as an existing Melton customer you won’t be charged a broker fee.

Loyalty savings

As a Melton savings customer you could:

  • 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.

New Mortgage Customers

If you’re looking for a new mortgage, Melton Mortgage Solutions can help you find the right deal by comparing 1000s of mortgages from over 90 different lenders.

With 5* customer reviews, they are experts in making your mortgage worries a thing of the past. Whether buying your first home, moving up the property ladder, investing in property or building your dream home, they have a mortgage for you. Click below to get started.

Get Started

 

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

 

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.

Please bear with us – our telephone lines may be busier than usual as we help our customers.

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