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Feature of the Week

Product Withdrawal

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Products being withdrawn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