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Melton Mowbray BS launches fine first-time buyer

Melton Mowbray BS launches fine first-time buyer

Category: Mortgages

Updated: 13/08/2012
First Published: 13/08/2012

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Melton Mowbray Building Society has launched a three-year fixed rate mortgage offering a competitive 5.49% to 31.10.2015 to first-time buyers with deposits of just 5% or over.

The minimum borrowing advance is £25,000 and a fee of £998 is payable.

The deal allows borrowers to offset their savings against their mortgage and offers the flexibility to make overpayments of up to 10% of the outstanding balance.

This product has been awarded four out of five Moneyfacts stars.

Find the best low deposit mortgage for your first home.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.