Metro Bank has made changes to its large loan residential and buy-to-let mortgage ranges.

Rates have been cut by up to 66bps for residential customers and 50bps for buy-to-let customers.

At 65% LTV, Metro Bank residential mortgage customers can secure loans from £1.5 million to £3 million with rates starting at 2.79% for a two-year tracker mortgage.

Rates for buy-to-let mortgages between £750,000 and £1.5 million will now start at 3.49% for a two-year fixed rate at 65% LTV.

Richard Saulet, director of mortgages and commercial delivery at Metro Bank, said: “At Metro Bank, our customers and their needs always come first, and today’s reduction in rates for large loan mortgages is an important move for us.

“We want to build strong relationships with all our customers, and these products, in addition to our commitment to underwrite on an individual basis, will enable us to continue offering the very best in service.”