Anyone can check the Energy Performance Certificate (EPC) of a property here, and you should always do so - not only to verify it's there before you submit a mortgage application but because you may also discover that your client is eligible for...Click here to read more

On the back of such an uncertain period for many people, it’s vital for lenders to establish a real understanding of how people view their homes (whether rented or owned), how/why any views may have shifted and how people have adapted. Not to mention, future property objectives and their perceptions of the current mortgage [...]

Changes to our product range On Monday 1 November, we’re making the following changes to our product range: First time buyer and home mover products including New Build and Affordable Housing – Shared Equity / Shared Ownership (SE/SO) including equivalent Green mortgage products •Rate increases of 0.20% on 2 year fixed rate 0-60% and [...]

Policy update Great news! We’ve increased our maximum LTV to 95% for certain types of applications, in a positive step that sees us return to our pre-COVID lending policy. Key Changes Joint Borrower Sole Proprietor applications increased the maximum LTV from 85% to 95%. 3 and 4 person applications increased the maximum LTV from [...]

We’ve improved our lending policy to give customers more choice and greater access to our mortgages. Today, we have: Increased our new-build maximum LTVs Simplified our bonus policy Increased the maximum term at 95% LTV New-build LTV increases We’ve increased our maximum residential LTVs to 90% for new-build houses and 80% for new-build flats. [...]

We pride ourselves on our communication and transparency with our brokers, so we wanted to let you know we’re making some changes to our product rates. The new rates will come into effect from Monday, 1st November and will affect selected products. Please ensure any applications you wish to submit on the existing product [...]

SECOND HOMES Is your customer thinking of purchasing a second home or looking to re‑mortgage an existing one? Metro Bank is here to help. Please note, our Broker Helpdesk will be closing at 3.45pm on Thursday 4 November for training purposes. Second homes highlights Maximum 85% LTV; we can consider up to 75% LTV [...]

Pepper 60: Ideal for those with a near perfect credit profile, ready to remortgage According to the ONS, UK house prices have risen at the fastest rate since 2004, increasing many homeowners' equity within their existing property. Plus, research company CACI recently reported that October 2021 is the biggest month of the year for [...]

Do you have clients who are self-employed wanting to get on the property ladder? As of July 2021, there are approximately 4.3 million self-employed people in the UK and this figure is steadily increasing.* Post pandemic, many self-employed people have and are experiencing reduced income and have needed government support to stay afloat. We [...]

Bridging loans are an extremely useful solution for property professionals and individuals in need of short-term cash injections. From buying a property at auction to paying an unexpected tax bill, discover 8 uses for bridging finance here: https://www.enterprisefinance.co.uk/blog/get-creative-with-bridging-loans Why use Enterprise Finance for bridging: Fast completion Rates from 0.44% Loans available up to 85%LTV [...]