Metro Bank lifts maximum BTL loan sizes – Mortgage Strategy

Metro Bank has lifted maximum loan sizes across the entire buy-to-let range.

The challenger lender adds its limited company BTL product, launched last July, is included in the move.

It new loan amounts are:

• Maximum 75% Up to £2,000,000 loan amount
• Maximum 70% Up to £2,500,000 loan amount
• Maximum 65% Up to £3,000,000 loan amount
• Maximum 60% Up to £10,000,000 loan amount
• Maximum 50% Over £10,000,000 loan amount

Metro Bank director of mortgage distribution Charles Morley says: “Metro Bank has a dedicated team to help your clients take the next step to becoming a landlord with a wide range of BTL mortgages and remortgaging options.

“Mortgage negotiations can be stressful and I’m proud of the personal and straightforward service we provide, ensuring focused and dedicated support throughout the process.”