Metro Bank cuts rates

Ryan Bembridge

October 26, 2017

Metro Bank has cut mortgage rates across a range of loan-to-values.

After rate cuts buy-to-let products to 75% loan-to-value include a 2-year fix at 2.69%, a 3-year fix at 2.79% and a 5-year fix at 2.89%.

Residential mortgages include 2 and 3-year fixes at 1.94% to 80% LTV and 2.04% to 85% LTV.

Residential products for loans between £2m and £5m include a 2 and 3-year fix at 1.89% and a 5-year fix at 1.99%.

Charles Morley, director mortgage distribution at Metro Bank, said: “Today’s announcement demonstrates the breadth of our mortgage range.

“We’re here to support everyone, whether you’re a first-time buyer looking to get your foot onto the property ladder through our joint-borrower sole-proprietor mortgages; a landlord wishing to benefit from our use of top-slicing; or a customer needing a choice when it comes to obtaining a larger loan.

“Our wide range of products, alongside our case-by-case approach to underwriting, is proving a winning combination for customers and brokers across the UK.”

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