Metro Bank has announced a 0.2% reduction of interest rates across its fixed rate BTL mortgage range for borrowers up to 70% LTV.
The bank revealed that all its remortgage customers will continue to benefit from two fee assisted remortgage options – up to a maximum property value of £2m.
Metro Bank also said it is continuing to provide one single point of contact throughout a customer’s mortgage process, as well as using individual case underwriting so that personal circumstances can be considered.
Metro Bank director of lending products, Andy Piggott, commented: “These interest rate reductions are great news for landlords looking to guarantee their mortgage repayments for a period of time – allowing them to better plan their investments and giving them peace of mind for the longer-term.”
Latest News
-
Mortgage approvals slip in February ahead of stamp duty changes
-
PRA proposes raise to FSCS deposit protection limit
-
Market Financial Solutions upsizes funding lines by £1bn
-
Quilter adds Northern Ireland-based PHW Wealth Partners to advice network
-
AJ Bell sells £25m Platinum SIPP and SSAS business to InvestAcc
-
Evelyn Partners reports record AUM amid wealth focus
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
The UK housing market in 2024
The performance of the UK housing market in 2024 has largely exceeded many people's expectations, although challenges remain for first-time buyers due to house prices increasing and a testing rental market for many. Regional disparities, such as the North-South divide, also continue to influence housing accessibility and affordability for many buyers in pockets of the country.
Intergenerational lending
MoneyAge News Editor, Michael Griffiths, hosts Family Building Society BDMs, Amar Mashru and Arif Kara, to discuss intergenerational lending and explore ways that buyers can use family income to help increase their borrowing capacity when applying for a mortgage
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories