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Exciting Rate Reduction news from Metro Bank

21 July 2017

Metrobank

As temperatures have continued to soar their rates continue to fall. This week they made a number of changes to their products, as well as a re-price to all of their core range purchase and re-mortgage deals across the 2-yr, 3-yr and 5-yr product terms. 

So, what’s changing?

  • A reduction to all 2-yr, 3-yr and 5-yr tracker and fixed rates in Core and Re-mortgage ranges with the removal of the 75% loan-to-value banding for 2-yr and 3-yr fixed rates. 

5 year fixed rate residential mortgages rates are now available from 1.69% up to maximum loan size of £2m:   

  • 1.69% up to 65% LTV
  • 1.79% up to 70% LTV
  • 1.84% up to 75% LTV
  • 1.99% up to 80% LTV
  • 2.09% up to 85% LTV
  • 2.64% up to 90% LTV
     

Please note loans can be considered up to £15m 

Full details can be found on their Product Guide here.


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