Metro Bank has today announced that it has further strengthened its Buy to Let proposition by lowering its minimum loan size from £100,000 to £50,000 for all new business applications across personal, Limited Company, HMO and MUFB lending.
Metro Bank has reduced rates by up to 50bps across its residential, near prime and buy-to-let ranges. As part of these changes the lender is also re-entering the 80% LTV Buy to Let market.
The specialist lender has refreshed and improved its Near Prime residential product range.
Metro Bank has launched a new market leading offer for SMEs looking to switch their business bank account, with 31-months of fee-free banking.
The specialist lender expands its Buy to Let range to include Houses in Multiple Occupation (HMO) and Multi-Unit Freehold Blocks (MUFB).
Metro Bank has launched a new commercial mortgage, offering an 85% loan-to-value (LTV) for loans up to £5 million.
Metro Bank has announced a new partnership with Covecta, an AI platform for financial services that will be deployed across its corporate and commercial credit businesses.
Metro Bank has increased its maximum loan sizes across the entire Buy to Let range.
Metro Bank has increased the maximum loan-to-value (LTV) available on large commercial mortgages to 75% from 70%.
The lender has removed the maximum accepted annual rental limit – previously set at £100,000
Please contact pressoffice@metrobank.plc.uk or 07773 244608