You are here: Home - News -

Metro refreshes residential and buy-to-let products

by: Emma Lunn
  • 31/03/2015
  • 0
Metro refreshes residential and buy-to-let products
Metro Bank has refreshed pricing on both its residential and buy-to-let mortgage products.

On loans up to £1.5m, new prices are available on a two-year fixed rate at 1.99% up to 70% loan-to-value (LTV), a five-year fix at 2.49% up to 60% LTV and a two-year tracker at 2.19% up to 85% LTV.

For residential mortgages over £1.5m, Metro has repriced its two-year tracker which is now available at 2.39% up to 70% LTV.

The bank has also refreshed its buy-to-let mortgages up to £1m, the new prices are:

•      Two-year fixed rate at 2.89% up to 65% LTV
•      Two-year tracker rate at 2.89% up to 75% LTV
•      Five-year fixed rate at 3.59% up to 65% LTV

In December, Metro Bank widened its lending area for intermediaries to allow residential and buy-to-let applications for properties located throughout England and Wales.

The challenger bank agreed a panel management deal with conveyancing services provider LMS earlier this month.

There are 0 Comment(s)

You may also be interested in