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TODAY'S OTHER NEWS

Metro Bank reduces buy-to-let rates

Metro Bank has cut rates by up to 0.2% across its buy-to-let fixed rate mortgage range for borrowers up to 70% loan-to-value (LTV). 

All remortgage customers will continue to benefit from two fee assisted remortgage options, up to a maximum property value of £2m.

Andy Piggott, director of lending products at Metro Bank, commented: “These interest rate reductions are great news for landlords looking to guarantee their mortgage repayments for a period of time – allowing them to better plan their investments and giving them peace of mind for the longer-term.”

BUY TO LET
Core 2 Year Fixed Rates:
LTV Current rate Change New rate Fee
60% 2.29% -0.20% 2.09% £999
65% 2.44% -0.20% 2.24% £999
70% 2.54% -0.20% 2.34% £999
75% 2.64% NO CHANGE £999
Core 3 Year Fixed Rates:
LTV Current rate Change New rate Fee
60% 2.34% -0.20% 2.14% £999
65% 2.49% -0.20% 2.29% £999
70% 2.54% -0.20% 2.34% £999
75% 2.69% NO CHANGE £999
Core 5 Year Fixed Rates:
LTV Current rate Change New rate Fee
60% 2.39% -0.20% 2.19% £999
65% 2.59% -0.20% 2.39% £999
70% 2.64% -0.20% 2.44% £999
75% 2.84% NO CHANGE £999
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