Metro Bank cuts residential and buy-to-let rates

Metro Bank cuts residential and buy-to-let rates

Metro Bank has reduced rates across its five-year fixed residential and buy-to-let product ranges, as well as lowering rates across its two and three-year fixed buy-to-let and two-year tracker ranges.

Craig Donaldson, CEO at Metro Bank said: “Our competitive rates and fast turnaround times, combined with benefits such as allowing 20% overpayments for residential customers, and top-slicing for buy-to-let customers, means we’re hitting the ground running this year and are ready to support brokers and borrowers up and down the country.”

The bank has introduced a new 60% LTV across its five-year fixed range, as well as reducing rates by up to 30bps, with core range rates now starting from 1.79%.

It has also cut rates across its two and three-year buy-to-let fixed and two-year tracker ranges. Rates now begin at 2.39%.