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.

TMA has added The Holmesdale Building Society to its lender panel

“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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