In Conversation with Charlie Morley, Director of Mortgage Distribution In this session, hosted by Danny Belton, Head of Lender Relationships, we discuss what life is like at a Challenger Bank, and what the future holds. Having faced some well documented challenges, and then dealing with the impact of Covid19, Metro Bank have had a lot [...]

We’re pleased to announce that we’ve made the following changes to our Short Term Lending proposition as of today. We are cascaded this information to all to ensure we keep you up to speed with changes happening our proposition. Scheme 50% LTV 60% LTV 65% LTV Facility Fee Standard Regulated 0.49% 0.59% 0.64% 2.00% [...]

Vida Flex is a great option for all BTL Landlords. Whether they're first-timers, or professional landlords, Flex gives investment flexibility to landlords – they can sell or refinance after 3 years without charge, rather than wait 5 years. It has the added convenience of being able to stay with the same lender for the [...]

We communicated the withdrawal of one of our 85% LTV products. This action was taken to assist us in effectively managing our application flow, so we can maintain our service levels for you and your clients, following a number of recent pricing changes within the market. We remain at 4 working days for our [...]

We've made the following changes to our product range: Product transfer (PT) and further advance (FA) products Selected rate increases across our 2, 3 and 5 year PT and FA products; Introductions of new LTV ranges; 75-85%, to be split into 75-80% and 80-85%; No fee products 85-95%, to be split into 85-90% and [...]

We have withdrawn the following Holiday Let deals: 2 Year Fixed Rate at 3.25% 5 Year Fixed Rate at 3.75% DIPs on these products will only be accepted until 5pm on Friday 2 October. Intermediaries with outstanding DIPs can submit fully packaged applications until 5pm on Friday 9 October. We are working to reintroduce [...]

NatWest has made rate changes to our Semi-exclusive Residential Customer range. For our new business semi-exclusive products, we will be removing the free valuation from a selection of broker exclusive 2 and 5 year purchase products.  The other product details remain unchanged. The summary of the rate changes are as follows: New Business Exclusive [...]

We've withdrawn £0 fee products at 75% LTV for purchase and remortgage. All other products remain unchanged. For full details of these updates, click here or download our latest product guide.

We’re conducting some research into how application times have changed since Covid and we would appreciate it If you could please complete or encourage your brokers to respond to the short survey (only 5 questions) I know you’re extremely busy but if you could spare a few minutes to share your insights that would [...]

It’s been a few weeks since we reintroduced remortgage and new purchase products for new customers and we’re now making some further changes to our lending criteria that you need to know about. Variable income To ensure we continue to lend responsibly, in most cases we are now unable to accept variable income types [...]