The products go live on Wednesday 18th November, with two deals for borrowers to choose from, both of which are five-year fixed rates.

The first, available at 90% LTV, comes with an interest rate of 3.79% and a £199 fee. It will only be available to borrowers in the East Midlands.

There is also an 85% LTV mortgage with an interest rate of 3.09% and a £199 fee, though it is open to borrowers both outside and inside the East Midlands area.

Both of the products come with a minimum loan size of £150,000 and are not available on either flats or new build properties.

Dan Atkinson, head of sales and marketing at Melton, said that despite the ever-changing market the mutual was committed to delivering the best mortgage options possible to borrowers.

He added: “Restricting our 90% LTV product to the East Midlands will give our local customers the opportunity to find the right home and a better chance of securing these rates.

Atkinson continued that while the lender has to limit the number of high LTV products it offers in order to protect its service levels, “we hope that by giving brokers advance notice they will have more time to contact clients who may find our products suitable.”