Finance

Metro Bank announce cuts to five-year fixes

Metro Bank has announced that it has lowered rates across its five-year fixed rate range for mortgages up to £2 million.

Warren Lewis
|
23rd November 2017
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Metro Bank has announced that it has lowered rates across its five-year fixed rate range for mortgages up to £2 million.

According to the lender, new rates are available from 1.84% up to 65% LTV and 1.94% at 70% LTV, both with a £999 product fee.

Other rates in the range remain unchanged and its 90% LTV product has increased slightly from 2.54% to 2.59%.

Metro has also launched a new five-year fixed rate remortgage range. New 65% LTV rates start at 1.89% with a £999 fee or 2.09% fee-free.

70% LTV rates are available at 1.99% with a £999 product fee and 20bps higher fee-free.

The Bank's 90% LTV remortgage product has also increased by 5bps.

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