Why Choose Us Contact Us The Wildelife Trusts
Call us on 01664 414141 between 9am and 6pm Monday to Friday and 9am and 12pm on Saturdays
Our mortgages are available through independent mortgage brokers across England and Wales

Short Term Self Build

self help mortgages
Melton awards 2019

Funds are released after each build stage has been completed.

Loan to Value (LTV) A variable rate with a 0.40% discount off our standard variable rate (SVR) for Term Then changing to our SVR for rest of mortgage term, currently The overall cost for comparison is Product Fees
75% 4.59% n/a 5.2% APRC £500
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Your home may be repossessed if you do not keep up repayments on your mortgage

Based on a £150,000 mortgage, secured by first charge on your main residential property, repaid on an interest only basis over a 5 year term: 60 monthly payments at a variable rate of 4.59%, (£573.75) £34,425. Valuation fee on property of £430,000 payable when you apply £410 (scale applies). Application fee payable when you apply £500. Completion fee 1% of the loan amount payable at time of legal completion £1,500. Reinspection fee of £80 at each stage £320. Title Insurance fee payable at the start of the mortgage £78.40. Telegraphic Transfer fee £25 payable at each stage release £100. Solicitors fees payable to your conveyancer (estimated) £360. Mortgage Discharge Fee payable at the end of your mortgage £150. Loan amount payable at the end of your mortgage £150,000. Total Amount Payable £187,843.40

  • Application fee £500, completion fee 1% of loan amount
  • Minimum loan amount £100,000.  Maximum loan amount £1,000,000
  • Minimum term 12 months.  Maximum term 5 years
  • Maximum Loan to Value (LTV) 75%.  LTV restrictions apply in London – contact us for details.
  • Title Insurance Fee £78.40 for loans up to £500,000. Please contact us for a quotation where the loan amount exceeds £500,000


  • On completion of the build, as evidenced by the Society receiving a final completion certificate, the mortgage may be transferred to another mortgage product within the Society’s portfolio (subject to eligibility).
  • Funds released after each stage has been completed.  Funds limited to £100,000 for any single stage release.
  • Option to link to Offset Share account (terms apply)
  • This product is fully portable if the property is sold within the scheme period. Terms apply.

Product Code: SB 040

Working out your mortgage budget

It’s a good idea to know approximately how much you’ll have to spend before you start house hunting. The Melton’s mortgage advisors will help work out an affordability budget with you to give you an indication of how much you may be able to borrow.

Saving for your deposit

Opening a savings account can be a good way to save up for your deposit. Take a look at our range of savings accounts.

Finding your first home

Make friends with the agents. Calling and visiting your estate agents regularly will help ensure you’re the first to know when a hot new property hits the market.
Put aside a whole day, and do a number of viewings (six is the suggested maximum). Go on a weekday if you can – estate agents will give you more time than at the weekend.
Take your own pictures. These are much more useful than glossy agents’ shots. Film your visits on your phone, too. That way, you have something to refer back to.

We’re also here to help with:

Home insurance

We offer competitive buildings and contents insurance in partnership with Uinsure. Find out more.