Great news! We have reduced our all 90% and 95% LTV rates by 0.20%, including our recently enhanced Professional Range which now includes high earning customers.
We have also increased our maximum loan size at 95% LTV to £675,000 aligning it to our 90% LTV maximum loan size.
|Professional 5 year||3.34%|
Great news! We have refreshed how we assess self-employed applicants whilst maintaining a common-sense approach.
For full details on the points above or to discuss a potential case, please call your BDM and refer to our Mortgage Lending Criteria Guide.
Documentation requirements can be found on our packaging guide.
Our BDM Team are here and available to help with new and existing case queries, packaging requirements and affordability assessments. Please get in touch with your BDM or call our Broker helpdesk on 0203 427 1019. Find your nearest BDM here.
Supporting our customers is still our top priority. Click here for more information, or if your customer would like to contact us, they can:
In line with the wider industry, Metro Bank will extend all house purchase mortgage offers for residential and buy-to-let customers for up to three months, enabling customers to move at a later date. If your customer requires an offer extension, please contact us in the normal way.
We are very pleased to announce the immediate recommencement of physical inspections on purchase and re-mortgage cases in England (where access is granted) - our standard lending policy will apply*. These will be carried out in line with Government guidelines.
Where a physical valuation cannot take place, digital valuations will be instructed in line with our previous guidance on properties up to a maximum value of £3 million (limitations apply - please contact us for details).
Due to the undoubted pressure on the surveying community, it is likely that turnaround times on valuations will be impacted, whilst it takes several weeks for things to settle.
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