Feature of the Week

We’ve launched into HMOs and MUFBs

We’re excited to announce our entry into the HMO (Houses of Multiple Occupation) and MUFB (Multi-Unit Freehold Block) markets – unlocking more options for your personal and limited company customers.

With rental demand continuing to outstrip supply in many UK regions, more landlords are turning to HMOs and MUFBs to maximise yields and meet tenant demand. As an award-winning specialist lender, we understand how important consistency and simplicity is to brokers and landlords, this is why our criteria is consistent across our entire Buy to Let range.

So, how can we help?

• Rates from 3.69% (% and fixed fee options available)
• Maximum 75% LTV (70% LTV for loans greater than £1m)
• Standard BTL ICR and stress rates apply
• Maximum 6 tenants for HMO, 6 units for MUFB (each unit must be on a single AST)
• Available on both personal names or limited company
• Student Lets and Tenants on benefits can be considered
• Broad solicitor panel
• Less than perfect credit profiles considered

For full details, please refer to our Mortgage Lending Criteria Guide and Product Guides.

‘Metro Bank Talks…’ available on demand

Did you miss our recent ‘Metro Bank Talks… Self-employed and Complex Income’ session? Good news – it’s now available to watch on demand at a time that suits you.

Watch now.

You can also catch up on two other popular webinars from our Metro Bank Talks series:

• Limited Company Buy to Let
• Joint Borrower, Sole Proprietor

Whether you’re looking to refresh your knowledge or pick up new tips for supporting your customers, these sessions are designed to provide you with essential information, whenever you’re ready to tune in.

Watch now on demand