The fledgling lender has been growing its intermediary distribution this year as part of its expansion plans and has now added Paradigm to its panel.
This will also be extended to include appointed representatives within Caerus Capital Group.
Metro Bank began offering its products through Legal & General and Tenet networks in February following a trial period offering products through John Charcol advisers.
It currently offers mortgages to customers across much of southern England including Kent, Berkshire, Oxfordshire, Hampshire and West Sussex.
Bob Hunt, chief executive of Paradigm Mortgage Services, said: “The fact that we have been chosen as one of Metro Bank’s directly authorised intermediary distribution partners is testament to both the strength of our proposition and the calibre of our directly authorised members.
“It is also a sign that Metro Bank acknowledges not only the quality of business our brokers submit, but also the type of business given its focus on larger loan sizes. We are always evaluating our panel of lending partners to ensure breadth and depth and in this instance it is positive that we are able to offer our brokers an exclusive option that their counterparts elsewhere don’t have.”
Richard Saulet, director of mortgages at Metro Bank, added: “Metro Bank is dedicated to building a long term and highly successful intermediary partnership with Paradigm.
“We’re focused on providing brokers and their customers products designed entirely around their needs, as well as amazing service and convenience.
“We offer common sense banking with the personal touch and our individual underwriting service means that we can work on a case by case basis with brokers to find the right solutions for customers.”
However, an exclusive Sky report out yesterday revealed a note passed to shareholders confirmed Metro Bank lost £45.7m before tax in 2012, and a further £8.8m in the first quarter of this year.
The results reveal the cost of breaking into the UK retail banking sector during the economic downturn.
