Mortgage News
Metro Bank cuts rates by up to 0.3%
Metro Bank has cut rates on its residential and buy-to-let (BTL) fixed-term deals, along with adding 60% loan-to-value (LTV) residential and buy-to-let products.
The lender has reduced rates across its five-year fixed residential range by up to 0.1% while the new 60% LTV deal comes in at 1.79%.
It has also cut buy-to-let (BTL) two-year, three-year and five-year fixed rate products by 0.2% or 0.3%, as well as lowering its two-year BTL tracker.
The new 60% BTL five-year fix is available at 2.39%.
Metro Bank CEO Craig Donaldson said the lender was “hitting the ground running this year and is ready to support brokers and borrowers up and down the country”.
