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Large Loan mailer · Web viewResidential mortgage pricing: Large Loan Range reduced by 60bps...

Date post: 08-Jul-2020
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Important Product Changes At Metro Bank, we like to keep you in the loop with any upcoming product changes. With effect from 5.30pm on Wednesday 24 June 2020, we will be making the following changes across both Residential and Buy to Let for new and existing customers. Buy to Let mortgage pricing: New Customer 75% LTV Product Range reduced by 20bps Residential mortgage pricing: Large Loan Range reduced by 60bps Existing Customer Ranges increased by up to 40bps Fees: Introduction of a £199 fee for existing Residential and Buy to Let Further Advance applications. The fee is payable up-front and is non- refundable Buy to Let product fees increased to £1,499 for new business Full product details will be available on our website at 9am on Thursday 25 June 2020 - www. metrobank online.co.uk/intermediaries To make sure your customer secures the current product, the full application must be submitted and correctly packaged with all the necessary documents by 5.30pm on Wednesday 24 June 2020. Any cases outside of these timeframes will not be accepted. Contact us If you have any questions or need support, please get in touch with your BDM or call our Broker helpdesk on 0203 427 1019. Calls to the
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Page 1: Large Loan mailer · Web viewResidential mortgage pricing: Large Loan Range reduced by 60bps Existing Customer Ranges increased by up to 40bps Fees: Introduction of a £199 fee for

Important Product Changes

At Metro Bank, we like to keep you in the loop with any upcoming product changes. With effect from

5.30pm on Wednesday 24 June 2020, we will be making the following changes across both Residential

and Buy to Let for new and existing customers.

Buy to Let mortgage pricing:New Customer 75% LTV Product Range reduced by 20bps

Residential mortgage pricing:Large Loan Range reduced by 60bps

Existing Customer Ranges increased by up to 40bps

Fees:Introduction of a £199 fee for existing Residential and Buy to Let Further Advance applications.

The fee is payable up-front and is non-refundable

Buy to Let product fees increased to £1,499 for new business

Full product details will be available on our website at 9am on Thursday 25 June 2020 - www. metrobank online.co.uk/intermediaries

To make sure your customer secures the current product, the full application must be submitted and

correctly packaged with all the necessary documents by 5.30pm on Wednesday 24 June 2020.

Any cases outside of these timeframes will not be accepted.

Contact us

If you have any questions or need support, please get in touch with your BDM or call our

Broker helpdesk on 0203 427 1019. Calls to the Broker Helpdesk answered within 30 seconds. Find your nearest BDM .

For use by FCA Authorised Intermediaries only

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