Metro Bank increases maximum loan sizes for buy-to-let
This includes its Limited Company buy-to-let product which the Bank launched in July last year.
Charles Morley, director of mortgage distribution at Metro Bank comments: “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.”
The changes in detail:
- 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
