"We temporarily withdrew our shared ownership offering last year to maintain our service levels."
The product is available at 3.99% up to 95% of the purchase price (75% LTV), including for new build.
The Society has also reduced the rate on its standard residential five-year fixed rate product at 90% LTV from 3.59% to 3.39%.
Dan Atkinson, head of intermediaries at the Melton, said: “We temporarily withdrew our shared ownership offering last year to maintain our service levels.
“The Melton has long supported first-time buyers with a range of shared ownership mortgages and innovative lending criteria to help them get on the housing ladder. Together with our competitively priced high LTV standard residential mortgage, we have a great offering for first-time buyers.”
