PMS members and appointed representatives (ARs) of Sesame’s network now have access to a new exclusive three-year discount product from Melton Mowbray Building Society.
The deal has an early repayment charge in the first 12 months only.
The three-year discount-rate mortgage offers remortgage clients an initial pay rate of 2.15% and no up-front arrangement or booking fees. It also includes free legal fees, £250 cashback and the option to link to the society’s Offset Share account.
It is available for loans up to 75% loan to value (LTV) and includes a completion fee of £499. The early repayment charge of 3.25% is only applicable during the first 12 months.
Robert McCoy, senior product and communications manager for mortgages at Sesame Bankhall Group, said: “With the Melton Mowbray Building Society’s common sense approach to underwriting, coupled with the incentives offered on this product, I am sure that it will be popular with our members.”
Martin Reason, chief executive of the Melton Group added: “This is a natural extension of our close working relationship with Sesame Bankhall Group that enables us to reach an extensive client base with this exclusive product.”