Metro Bank ups maximum BTL loan sizes

Published on

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.”

 

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...