Bank of England Base Rate Update

On 6th of February 2025 the Bank of England’s Monetary Policy Committee (MPC) met and decided to decrease the Bank Base Rate by 0.25% to 4.50%.

Mortgages

Base Rate Tracker Mortgages to reduce by 0.25% with effect from 1st March 2025.

For all other mortgage products, we are currently reviewing market changes following the recent announcement by the Bank of England and will communicate any changes once a decision has been made.

If you have any concerns about financial difficulty, please contact the Mortgage Services Team on 01664 414141 so we can help support you.

Savings

We are currently reviewing market changes following the recent announcement by the Bank of England and will communicate any changes once a decision has been made.

Please bear with us – our telephone lines may be busier than usual as we help our customers.

 

The Melton Scores Awards Hat Trick!

The Melton Building Society has received a third industry award for 2016 – winner of the Mortgage Finance Gazette Mortgage Product Innovation Award.  This award follows recognition earlier this year in the MoneyAge and Moneyfacts Awards.

“We are extremely proud to be recipients of not just one, but three top industry awards,” said Martin Reason, Chief Executive, the Melton.  “Competition in these awards is always fierce and recognition demonstrates that we are in tune with our customers and that our personal approach to lending using manual underwriting, really does deliver great outcomes for customers.”

The Society is well-known for offering innovative, practical mortgage solutions to help retirement borrowers, first time buyers, landlords and self-builders.

Get In Touch

Call one of our friendly advisors on 01664 414141. Opening hours are 9:00am – 5:30pm Monday to Friday.

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