The Melton returns to shared ownership with new product By Gary Adams 19 th February 2021 9:44 am The Melton Building Society has entered the shared ownership market again after suspending activity in the sector to maintain service levels. The lender’s new shared ownership product is a 95 per cent purchase price (75 per cent LTV) five-year fix at 3.99 per cent. New builds are accepted. It has also cut the rate of its 90 per cent LTV standard residential five-year product from 3.59 per cent to 3.39 per cent. The Melton head of intermediaries Dan Atkinson says: “The Melton has long supported first-time buyers with a range of shared ownership mortgages and innovative lending criteria to help them get on the housing ladder.