Metro Bank, known for its exceptional customer service, has reduced interest rates by 0.2% across its fixed rate buy-to-let mortgage range for borrowers up to 70% LTV.

All re-mortgage customers will continue to benefit from two fee assisted re-mortgage options - up to a maximum property value of £2 million.

The new rates are now available as follows:

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

Metro Bank continues to provide one single point of contact throughout a customer's mortgage process and uses individual case underwriting so that personal circumstances can be considered.

Andy Piggott, Director of Lending Products at Metro Bank, says:"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."

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Metro Bank plc published this content on 06 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2019 11:15:01 UTC