Metro Bank Boost Buy To Let Mortgages to 80% LTV

Metro Bank have this week entered the 80% LTV Buy To Let market for both purchases and re-mortgages.

This will assist the BTL mortgage market growth and will encourage more competition in the 80% LTV sector, which will only lead back to pre-Covid lending.

Metro Banks Buy To Let mortgage requires no minimum income, with maximum age of 85. The bank will also consider up to 4 unrelated applicants for each application.

80% LTV mortgages start from 3.29% on a 5 Year Fixed which is presently a competitive rate in the market, meanwhile 75% LTV rates start from 2.29%

Charles Morley, director of mortgage distribution at Metro Bank, commented: “In a competitive market, it’s important that customers and intermediaries have plenty of options available for their individual requirements. We’re confident that these enhancements to our buy-to-let range, along with our ongoing push into more specialist mortgages, make Metro Bank an attractive option for an ever wider breadth of mortgage customer.”

SO HOW CAN BROOKLYNS FINANCIAL HELP?

We will advise you on the options available that are bested suited to you. We are here to help you every step of the way Just give us a call 01628 564631 or email us info@brooklynsfinancial.co.uk for an initial chat or quote at no cost?

Please note your mortgage is secured on your property. Your home may be repossessed if you do not keep up repayments on your mortgage.

Most Buy-to-Let Mortgages are not regulated by the Financial Conduct Authority.

The information contained within was correct at the time of publication but is subject to change.

Nothing contained within this communication should be construed as advice.   Please seek individual professional advice relating to your personal circumstances.