Metro Bank has cut rates on its five-year fixed rate residential and buy-to-let mortgages.
For residential mortgages under £1.5 million, the new prices are as follows:
- Five-year fixed rate up to 60% LTV, rates available at 2.09%
- Five-year fixed rate up to 70% LTV, rates available at 2.29%
- Five-year fixed rate up to 75% LTV, rates available at 2.39%
- Five-year fixed rate up to 80% LTV, rates available at 2.49%
- Five-year fixed rate up to 85% LTV, rates available at 2.59%
The bank is also refreshing its five-year fixed rate buy-to-let mortgages up to £1.5 million, the new prices are as follows:
- Five-year fixed rate up to 65% LTV, rates available at 3.19%
- Five-year fixed rate up to 75% LTV, rates available at 3.29%
Charles Morley, head of mortgage distribution at Metro Bank, said: “We’re pleased to announce a reduction across our Five-year fixed rate mortgage range, benefitting those customers looking for a longer term mortgage solution.
“We continue to remain committed to providing our customers with products and services that suit their needs, alongside superior levels of service and convenience.”
