December Mortgage Payments and Savings Interest Payments

28.11.25

Mortgage payments

If your mortgage payment is normally collected on the last working day of the month, please note that it will instead be collected on Monday 1st December. Payments scheduled for Monday 1st December will be collected as usual.

Savings Interest Payments 

We are currently working to process monthly interest payments, where due, for the start of December. These payments will be with account holders by Monday 1st December.

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Tax Free Savings

melton tax free savings accounts

Important update: No savings products available in this range

We apologise for any inconvenience and appreciate your patience during this time.

Our team is working hard behind the scenes, and we look forward to introducing our new range of savings products very soon.

Thank you for your continued support.

Make the most of your tax free allowance with our cash ISAs.

Make the most of your tax free allowance with our cash ISAs. An ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the interest you earn.

A Cash ISA (Individual Savings Account) is an investment which enables annual sums to be saved and on which interest is paid free of tax. However, it is not possible to state that favourable tax treatment will be maintained indefinitely as it is the government and not the Society who is responsible for the tax treatment.

Take a look at our All About ISAs page

Here to help
Not sure which account is right for you? Get in touch and our experienced staff will be happy to talk you through your options and help find the best tax free savings account for you.

How safe are your savings?
You may be worried that if you tie your money up in a savings account, it won’t be protected. However, the Financial Services Compensation Scheme is an independent body that serves as a last resort to cover most deposits, including savings, up to the value of £85,000. So, if for some reason your bank or building society failed, your money is protected by the FSCS.

The Society’s Bank Account details which are used for paying money in to your account electronically are as follows: 

Sort Code: 40-05-30
Account number: 74574915
Account type: Personal
Reference: Your Melton Building Society account number
Name on account

The AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and added each year.

These are tax-free accounts so interest payable is exempt from income tax. The tax treatment may be subject to change and depends upon your individual circumstances.

Click here for our handy guide to making the most out of your savings