Melton extends 100% LTV deal nationwide after early demand

The mutual is widening access to its 100% LTV mortgage, opening the product to its full broker panel and to properties across the UK from 23 February 2026.

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Melton Building Society has confirmed that its no deposit mortgage, powered by Gable Sure, will no longer be restricted to L&G Mortgage Club members or to properties in the East Midlands.

From Monday 23 February 2026, the 100% loan-to-value product will be available to intermediaries on the Society’s wider panel and for eligible properties nationwide.

The mutual said the decision follows strong demand since launch, with enquiries from brokers and borrowers outside its traditional heartland prompting a review of its distribution strategy.

William Bell, mortgage product manager at Melton Building Society, said: “It became clear in the early days of our launch that demand for this product went way beyond our heartland, with enquiries coming in from brokers and borrowers the length and breadth of the country.

William Bell

“Expanding our 100% LTV mortgage proposition is a natural next step following the success of our initial launch.

“By broadening distribution and extending coverage across the UK, more first-time buyers can take their first steps towards home ownership and more intermediaries will have a valuable solution in their toolkit.”

The product is offered as a five-year fixed rate at 5.99%, with a £199 application fee and £199 cashback on completion.

Applications will be manually underwritten and remain subject to the Society’s lending criteria, credit assessment and property valuation standards.

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