Feature of the Week

‘Metro Bank Talks…’ available on demand

Couldn’t attend our latest ‘Metro Bank Talks…’ webinar on Joint Borrower, Sole Proprietor and maximising incomes? Not a problem. You can now watch it at a time that suits you.

Watch now.

Want to find out more about our recent launch into Limited Company Buy to Let?

Watch our 11-minute webinar or read on to see why intermediaries are using Metro Bank for their limited company customers:

• 125% of the mortgage interest amount calculated at our standard Buy to Let stress rates
• Up to four Directors/Shareholders - must be the same people and have 100% shareholding, all Directors must be shareholders
• No minimum income (subject to rental void plausibility checks) but at least one Director must be earning an income (other than rental)
• Portfolio landlord accepted – maximum of 10 properties with Metro Bank (under £10m aggregated debt), maximum of 10 properties in total
• Maximum age 85 (mortgage term based on the oldest applicant)

For full details, please refer to our Mortgage Lending Criteria Guide and Product Guides.

Metro Bank reduces Buy to Let rates

Great news! We have reduced our rates by 30bps on all 2 year Buy to Let percentage fee products (including Limited Company Buy to Let).

So what’s new?

• 65% LTV - 2 year fixed rates now available at 3.69% (5% product fee).
• 75% LTV - 2 year fixed rates now available at 3.89% (5% product fee).

For full details on the points above, please refer to our Product Guides.