MBS Lending

MBS Lending is a subsidiary of The Melton Building Society and specialises in helping clients that have suffered with impaired credit and we can consider a wide range of client profiles, so if your client has had difficulty in securing mortgage finance due to adverse credit history, MBS Lending may be able to help.

MBS Lending can consider:
  • Missed Mortgage Payments – max 3 in last 12 months
  • IVA or DMP – Settled or Active • Defaults – none in the last 3 months
  • CCJs – up to max £6,000 in the last 2 years & must be satisfied • Bankruptcy – Day 1 discharged
  • Repossession – Minimum 2 years ago
MBS Lending lend in England & Wales.

Proc Fees

Product Gross Net Gross Min Gross Max
Near Prime Enhance, Near Prime & Credit Assist (including shared ownership and right to buy products) 0.55% + £25 0.55% £150 £1000
Credit Recovery 0.65% + £25 0.65% £150 £1000
Retention 0.25% + £25 0.25% £150 £1000
MBS Lending

How to Register

Registering for the first time:

Please click here to register.

Add Paradigm as payment route:

MBS Lending is a paper-based application, you can put Paradigm as your mortgage club on your next application.