Melton Building Society has returned to 95% LTV lending and launched a new loan origination platform.

Its new 5% deposit mortgage is a five-year fix at 5.75% with no fees.

The mutual partnered with Mast to develop its new underwriting platform.

Mast previously worked with Melton subsidiary MBS Lending to revamp its online application portal and the technology is now being extended across the lender’s whole product range.

Melton head of intermediaries Dan Atkinson says: “The launch of our new mortgage origination platform will provide brokers and  their clients with a better experience at every stage of their application with the Melton.

“We understand the pressures and frustrations that brokers are  experiencing in today’s challenging mortgage market and the new platform has been developed with brokers in mind. 

“The new system will remove cumbersome and time-consuming manual processes to offer brokers a better experience  when submitting an application with the Melton.” 

Mast chief executive Joy Joseph Abisaab says: “We are thrilled to play a significant part in supporting Melton Building Society in its digital transformation journey. 

“At Mast, we are committed to providing innovative mortgage technology that empowers lenders to enhance their customer experiences and streamline their operations.”