Metro Bank has refreshed its five year fixed rate residential mortgage range, reducing prices by 0.1 percentage points.

For mortgages under £1.5 million, the new prices for five year fixed rate residential products will be:

• Up to 60% LTV, rates available from 3.09%
• Up to 70% LTV, rates available from 3.29%
• Up to 80% LTV, rates available from 3.49%
• Up to 85% LTV, rates available from 3.99%

The bank underwrites applications on an individual basis to ensure that customers’ personal circumstances are taken into account.

New customers will also benefit from one single point of contact throughout the application process, and brokers can now submit applications through the Metro Bank online mortgage portal.