Brilliant Solutions

Metro Bank Update

Metro Bank have announced a broker update, available below.  Contact us to see how we help brokers like you across the UK, Alternatively please refer to our Mortgage Lending Criteria Guide and Product Guides.

Announcement

New 2 & 3 Year 95% LTV Residential Rates and 75% LTV rate reductions

We’ve been listening to adviser feedback and have now added 2 & 3 year fixed rate mortgages to our 95% LTV residential range for purchase and pound for pound remortgage products.

Attached is a mailer detailing the changes, please can this be shared with your advisers, members, partners and internal teams.

We have also reduced our pricing by 50bps across our 75% LTV residential range for new lending and for existing customers looking to Rate Switch, Top Up or take a Further Advance.

Launch highlights

  •               NEW – 95% LTV 2 year fixed rates start at 3.69%
  •               NEW – 95% LTV 3 year fixed rates start at 3.79%
  •               NEW – 75% LTV 2 & 3 year fixed rates start at 2.09%
  •               NEW – 75% LTV 5 year fixed rates start at 2.24%
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