The Melton Building Society and its subsidiary MBS Lending have joined the Mortgage Intelligence lender panel. The new partnership will see both network and mortgage club members given access to the Society’s flexible approach to lending and niche product range.
The Melton offers a range of residential mortgages up to 95% LTV for purchase and remortgage, alongside niche lending products which include buy-to-let, holiday let, self-build, shared ownership and short-term lending, with credit repair mortgages offered through the MBS Lending brand.
Nicola Alvarez, director of sales and marketing at the Melton, said: “Our flexible approach to lending offers a compelling alternative for Mortgage Intelligence intermediaries with personal underwriting supported by a dedicated broker support team and innovative niche products to meet the varying needs of customers.”
Sally Laker, managing director at Mortgage Intelligence, added: “We are delighted to have further enhanced our lending panel by adding The Melton Building Society and its subsidiary MBS Lending. These latest additions further demonstrates our commitment to delivering a competitive and comprehensive panel, which is reflective of the market and the needs of both our Appointed Representatives and Directly Authorised members.”
ENDS
For further information please contact Jane Gilhespy, Communications Manager, the Melton on 01664 414141 or email j.gilhespy@mmbs.co.uk.
Note to editors:
The Melton Group incorporates the Melton Building Society, MBS Lending Ltd and MMBS Trading Ltd. Established in 1875, Melton Mowbray Building Society is a mutual building society with branches in Melton Mowbray in Leicestershire, Grantham in Lincolnshire and Oakham in Rutland. The Melton is the 25th largest building society in the UK. The Melton offers mortgages, savings and insurance and investment solutions.
About Mortgage Intelligence Holdings: Mortgage Intelligence Holdings was acquired by Countrywide in April 2011, the UK’s largest mortgage broker and property services Group. The following brands operate under Mortgage Intelligence Holdings.
Mortgage Intelligence and Mortgage Next: Established in 1996, Mortgage Intelligence, which merged with Mortgage Next in 2009, has become one of the UK’s leading mortgage networks. They offer award winning mortgage and insurance services to over 400 appointed representatives. Both networks focus on high quality of service and support offered to their intermediaries.
FYB Network: Mortgage Intelligence Holdings acquired Life and Easy trading as FYB Network in September 2012. FYB’s brand joined Mortgage Intelligence and Mortgage Next brands under the umbrella of Mortgage Intelligence Holdings Ltd. They offer both mortgages and insurance services. They were originally founded in 2004 and became a fully authorised network in May 2007.
Next Intelligence: Next Intelligence launched as a new brand in April 2011, bringing together Mortgage Intelligence and Mortgage Next’s directly authorised clubs which were both established in 1996. They offer premium brokers services to over 3500 mortgage intermediaries including mortgages, general insurance and a new protection panel which was launched in September 2011.
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