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

  • 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

We have a range of residential products available up to 70% LTV.

Once registered, DIPs and applications are paper based, please ensure you quote Dynamo Mortgage Club as your payment route on the application.

Proc Fees

Product Type Gross % Net %
Near Prime Enhanced, Near Prime, Credit Assist 0.55% 0.55%
Credit Recovery 0.65% 0.65%
Product Transfer 0.25% 0.25%