Metro Bank has increased its maximum loan sizes for its buy-to-let products.
The changes include the bank’s limited company buy-to-let product which it launched in July 2024.
Details are as follows:
- Maximum 75% up to £2,000,000 loan amount
- Maximum 70% up to £2,500,000 loan amount
- Maximum 65% up to £3,000,000 loan amount
- Maximum 60% up to £10,000,000 loan amount
- Maximum 50% over £10,000,000 loan amount
Charles Morley, director of mortgage distribution at Metro Bank, said: “Metro Bank is committed to the buy-to-let market and to our position as the number one specialist lender on the high street.
“Metro Bank has a dedicated team to help your clients take the next step to becoming a landlord with a wide range of buy-to-let mortgages and remortgaging options.
“Mortgage negotiations can be stressful and I’m proud of the personal and straightforward service we provide, ensuring focused and dedicated support throughout the process.”