Mortgage Intelligence unveils Metro Bank exclusives

The products are a 1.94% deal for purchase and remortgage customers and a remortgage-only option for 1.99% with a free standard valuation and free legals.

Mortgage Intelligence unveils Metro Bank exclusives

Mortgage Intelligence has launched two 5-year fixed rate exclusives from Metro Bank.

The products are a 1.94% deal for purchase and remortgage customers and a remortgage-only option for 1.99% with a free standard valuation and free legals.

Both products are available to 70% loan-to-value and come with a £1,499 product fee.

Sally Laker, manager director of Mortgage Intelligence, said: “In the current low rate environment customers are increasingly looking to the future and considering the benefits of fixing for a longer period of time.

“With this in mind, we are delighted to be able to deliver these brand new five year fixed rate exclusives, in partnership with Metro Bank, to both network and club members.”

Charles Morley, director of mortgage distribution at Metro Bank said: “We’re delighted to have reduced rates across our 3-year and 5-year fixed rate residential range by up to 15bps, helping those customers looking for a longer-term solution.

“What’s more, by supporting Mortgage Intelligence with these exclusive products their brokers will now be able to offer customers a highly competitive option from Metro Bank to suit their mortgage needs.”