TMA teams up with The Melton to offer 3-year discount

Mortgage Introducer

August 15, 2017

TMA Mortgage Club has partnered with The Melton Building Society to offer a 3-year discount rate at 2.80% to 75% loan-to-value for remortgage customers.

The product comes with a free standard valuation and has no upfront application fee or product completion fee.

Rob McCoy, senior product and business manager at TMA, said: “Thanks to the significant discount offered on this product, coupled with the no fees, I expect it will be very popular with our members.

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“Additionally, as The Melton individually underwrites all applications and does not credit score, it’s a great product for advisers to recommend to clients with unusual circumstances who need their personal circumstances to be considered.”

Customers receive a £250 cashback upon completion and there is a maximum loan size of £500,000.

Nicola Alvarez, director of sales and marketing at The Melton Building Society, said: “We are delighted to offer this exclusive product to TMA.

“Fee free mortgages are very attractive for customers looking to remortgage, especially when combined with a substantially discounted rate.”

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