Melton Variable Rates

On 7th of November 2024 the Bank of England’s Monetary Policy Committee (MPC) met and decided to decrease the Bank Base Rate by 0.25% to 4.75%.

As a result, we will be making the following changes:

Mortgages

Base Rate Tracker Mortgages to reduce by 0.25% with effect from Sunday 1st December 2024.

Standard Variable Rate (SVR) to reduce by 0.25% to 8.44% with effect from Saturday 1st February 2025.

Historic MBSL (Credit Repair) SVR to reduce by 0.25% to 8.94% with effect from Saturday 1st February 2025.

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.

 

Paying in to your account

If someone is paying money into your account held with Melton Building Society, you should provide them with the following:

  • Sort Code: 40-05-30
  • Account number: 74574915
  • Account type: Personal
  • Reference: Your Melton Building Society account number
  • Name on account