The 3-year discount offers an initial rate of 2.15% with no up-front arrangement or booking fees up to 75% loan to value with £250 cashback and free legal fees for remortgage customers.
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, said: "We value our relationship with Sesame Bankhall Group and we are pleased to broaden the terms of this exclusive offer to make it more attractive to brokers and their clients."
The product has the option to link to the society’s offset share account and has an early repayment charge of 3.25% applicable during the first 12 months.
