Brilliant Solutions

The internet is down in our Head Office.  Staff continue to answer the phone and respond to messages but understandably response times and service standards are affected.  Please contact your Relationship Manager directly if you have any urgent issues.  Thank you.

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

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

The Perfect Solution for Portfolio Landlord Buy to Let

Metro Bank has the perfect solution for your customers that own four or more mortgaged buy to let properties and attached is a mailer than can be shared with your advisers, members, partners and internal teams…

Portfolio Landlord Buy to Let highlights

  • Subject property – 5 year fixed stress rate 3.5% at 140% of the mortgage interest amount – regardless of their income tax bracket
  • Top Slicing available on the background portfolio – subject to minimum income requirements and affordability
  • No minimum income (subject to rental void plausibility checks)
  • Maximum of 5 properties with Metro Bank (under £5m aggregated debt), maximum of 10 properties in total
  • Flexible background portfolio assessment – based on total mortgage balances & total rental income. Properties are not assessed on an individual basis
  • Competitive rates – 5 year fixed rates starting from 2.29%
  • A choice of two fee assisted re mortgage options for properties up to £2m including Legal Assist and no valuation fee or £250 Cashback and no valuation fee
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