The Melton Building Society offer mainstream products up to 95% LTV on residential products.
They today launched their new Offset Mortgage which is available for purchase or remortgage up to 75% LTV at a rate of 2.89% (2.10% discount from variable rate of 4.99%).
Other products include Buy to Let, Holiday Buy to Let and Self Build Products whilst the MBS Lending brand can offer Near Prime, Credit Assist and Credit Recovery products.
Matthew Arena, Managing Director of Brilliant Solutions, said:
“I am delighted that The Melton and MBS Lending have chosen our Mortgage Club for the distribution of their products which are a good fit with our Specialist Lending distribution. I am sure these products will be welcomed by our brokers together with the fact that we will of course be able pay brokers Procuration Fees on Completion for all of their products.”
Nicola Alvarez, Head of New Business at the Melton, added:
“Brilliant Mortgages were chosen for our distribution because not only do they have the traditional Mortgage Club but have the expertise in Specialist Lending to be able to assist brokers with all of our products.”
