Bank of England Base Rate Update

On 6th of February 2025 the Bank of England’s Monetary Policy Committee (MPC) met and decided to decrease the Bank Base Rate by 0.25% to 4.50%.

Mortgages

Base Rate Tracker Mortgages to reduce by 0.25% with effect from 1st March 2025.

For all other mortgage products, we are currently reviewing market changes following the recent announcement by the Bank of England and will communicate any changes once a decision has been made.

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

Savings

We are currently reviewing market changes following the recent announcement by the Bank of England and will communicate any changes once a decision has been made.

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

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Articles in the category Press Release

Melton Building Society appoints local business to carry out Mutual House office revamp

September 28 2022

Melton Building Society have partnered with fellow Leicester business, Blueprint Interiors, to carry out the refurbishment of their Mutual House offices. Work is set to start in early October to modernise the interior of the well-known building, a landmark passed regularly by commuters travelling along Leicester Road. There will be no disruption to service during...

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Melton Building Society Wins Again for Best Self Build Mortgage

September 7 2022

The team at Melton Building Society are thrilled to have won the award for Best Self Build Mortgage for the 4th consecutive year at the prestigious What Mortgage Awards 2022. This award is particularly welcomed as the What Mortgage nominees represent the leading businesses in the UK’s mortgage and personal finance sector – but most...

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New holiday buy-to-let mortgage

April 28 2014

The Melton has a new dedicated holiday buy-to-let mortgage to support the increasing demand for holiday rental property in the UK. A holiday-let mortgage provides an appealing alternative to buy-to-let investment, with attractive rental returns and a second home for the investor.

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Charity appeal given helping hand by local Building Society

February 11 2014

An appeal to provide new living accommodation for people with learning disabilities in Leicestershire has been given a cash boost by the Melton Building Society. A cheque for over £5,000 was presented to the Design for Life East Midland Appeal which is run by national learning disability charity, Hft. It aims to raise £2million over...

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