PMS and Sesame launch exclusive product via Melton Mowbray Building Society

The three-year discount-rate mortgage offers remortgage clients an initial pay rate of 2.15 per cent 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 per cent loan to value (LTV) and includes a completion fee of £499. The early repayment charge of 3.25 per cent is only applicable during the first 12 months.

Robert McCoy, senior product and communications manager for mortgages at Sesame Bankhall Group, commented:

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.

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