We hope you had a wonderful festive break and New Year - enjoying the time with your family and friends. There are a lot of exciting things planned for this year, here are just a few ways in which Metro Bank can help you grow your business in 2020. Opportunities to build your business [...]

We have withdrawn a small number of BTL products: BTL Vida 1, 70% LTV, both 2 and 5-year fixed rates Replacement products will be available on Tuesday 7th January. All DIPs must be submitted by 8pm on Monday 6th January. After this you will required to select a product from the new range in order to [...]

We have amended our Mainstream mortgage range for New Business. Product Changes New Business Mainstream 5 year fixed rate with no fee at 90% LTV temporarily withdrawn. For more information download the product guide here.

Please be advised we are making a number of changes across our Residential, Buy to Let and Reward ranges effective tomorrow, Thursday 9th January, 2020. These changes include: launching competitive new remortgage products Reducing rates on our high LTV purchase products Increasing the overpayment allowance on all our new 10 year fixed rates to [...]

We have increased our tailored rates. Applications on current rates must be submitted by midnight on 17th January.To take advantage of the current rates create a new KFI.

When assessing self-employed applicants, we will normally require two years of trading. However, our flexible approach using manual underwriting allows us to potentially help clients who have only one year of accounts or perhaps even less. If the client has worked in the same industry in some capacity then we may be able to [...]

Firstly, I would like to thank you for your support over the last 12 months. I hope you’ll agree 2019 has been a positive year for all of us considering the wider challenges facing the market at the start of the year. Whilst some of those may still be a challenge, it’s fair to [...]

We are pleased to announce that we will be launching into the ex-pat buy to let market on Tuesday 14th January 2020. To begin, we have one core product which is; MDS223: 3.49% Variable Discount (Ex-Pat BTL) Max 80% LTV / App fee: £250 / Product Fee: £500 Max loan: £500,000 Proc fee: 0.40% [...]

Lifetime mortgage application cycle STAGE 1 Applications received waiting to be worked STAGE 2 Case checked and reviewed for approval (packaged for underwriters) STAGE 3 Case assessed by Underwriters for approval and set to offer STAGE 4 Offer approval to Offer issued General Post Benchmark SLA 1 2 3 1 3 Current SLA 1 [...]