At Metro Bank, we like to keep you in the loop with any upcoming product changes so you can be clear and transparent with your customers.
From 5.30pm on Wednesday 13 February 2019 we will be withdrawing our 85% LTV fixed rate products across our Residential Core, Re-mortgage and Existing Customer Range.
So what does this mean?
To make sure your customer secures the current rate, the case must be at AIP Accept Status with the product selected by 5.30pm on Wednesday 13 February 2019. The application must be submitted and fully packaged with the necessary documents by 5:30pm on Friday 15 February 2019.
If you have any questions or would like to speak to us, please call our Metro Bank Broker Helpdesk on 0203 427 1019 who will be happy to help.
Any cases outside of these timeframes will not be accepted.
Products being withdrawn
|
Type |
Product Code |
Rate |
85% LTV products |
|
2-yr fixed rate - 85% LTV |
R2606 |
2.19% |
Core: £999 fee |
|
R2607 |
2.29% |
Remo: £999 fee, legal assist, free val |
|
|
R2608 |
2.29% |
Remo: £999 fee, £250 cashback, free val |
|
|
R2609 |
2.44% |
Remo: £0 fee, legal assist, free val |
|
|
R2610 |
2.44% |
Remo: £0 fee, £250 cashback, free val |
|
|
RX2667 |
2.19% |
Retention: £0 fee |
|
|
3-yr fixed rate - 85% LTV |
R2616 |
2.19% |
Core: £999 fee |
|
R2617 |
2.29% |
Remo: £999 fee, legal assist, free val |
|
|
R2618 |
2.29% |
Remo: £999 fee, £250 cashback, free val |
|
|
R2619 |
2.44% |
Remo: £0 fee, legal assist, free val |
|
|
R2620 |
2.44% |
Remo: £0 fee, £250 cashback, free val |
|
|
RX2669 |
2.19% |
Retention: £0 fee |
|
|
5-yr fixed rate - 85% LTV |
R2646 |
2.29% |
Core: £499 fee |
|
R2647 |
2.34% |
Remo: £499 fee, legal assist, free val |
|
|
R2648 |
2.34% |
Remo: £499 fee, £250 cashback, free val |
|
|
R2649 |
2.54% |
Remo: £0 fee, legal assist, free val |
|
|
R2650 |
2.54% |
Remo: £0 fee, £250 cashback, free val |
|
|
RP2665 |
2.29% |
Professional Mortgage: £499 fee |
|
|
RX2675 |
2.29% |
Retention: £0 fee |
For use by FCA Authorised Intermediaries only