Metro Bank cuts large loan rates

Sam Cordon

July 25, 2013

At 65% the loan to value Metro Bank residential mortgage customers can secure loans from £1.5m to £3m with rates from 2.79% for a two year tracker mortgage.

Rates for buy-to-let mortgages between £750,000 and £1.5m will now start at 3.49% for a 2-year fixed rate deal at 65% LTV.

Richard Saulet, director of mortgages and commercial delivery at Metro Bank, said: “At Metro Bank our customers and their needs always come first and today’s reduction in rates for large loan mortgages is an important move for us.

“We want to build strong relationships with all our customers and these products in addition to our commitment to underwrite on an individual basis will enable us to continue offering the very best in service.”

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