Melton Building Society is launching a dedicated foreign nationals mortgage range, aimed at borrowers living and working in the UK without permanent residency.
From Monday 16 February 2026, Melton Building Society will offer two five-year fixed-rate products at 80% LTV, marking its latest move to widen access to home ownership while maintaining manual underwriting.
The mutual said the range had been developed for applicants with complex residency status who are often underserved by the mainstream market, despite having the right to live and work in the UK and demonstrable income.
The products comprise a five-year fixed rate at 5.29% with a £199 application fee and a £999 completion fee, and a five-year fixed rate at 5.45% with a £199 application fee and no completion fee.
The launch follows the Society’s recent entry into the 100% LTV market and forms part of a broader strategy focused on borrowers with more complex needs.
Jamie Hyland, head of product and marketing at Melton Building Society, said: “We recognise that foreign national borrowers can face unnecessary barriers when trying to obtain mortgage finance, despite having strong income and a right to live and work in the UK.
“This new range demonstrates our commitment to supporting brokers in helping more customers achieve home ownership through a common sense, manual underwriting approach.
“With the two fixed rate options we are introducing, we’re giving brokers the tools to support a broader range of clients and offer foreign national applicants the opportunity of achieving longer term stability and certainty.”
Melton said the foreign nationals range sits alongside its established propositions for self build, credit impaired and no deposit borrowers, as it continues to position itself in specialist and niche segments of the residential market.
For brokers, the move signals continued competition among smaller building societies to support clients who fall outside automated, high street criteria, particularly where residency status or documentation can complicate affordability assessments.
