Metro Bank offering leading large buy-to-let mortgages
Metro Bank is offering some of the lowest large buy-to-let mortgages for landlords looking to borrow over £750,000 and up to £1.5 million. Their mortgages are available to applicants looking to purchase or refinance a property.
Trinity Financial has access to Metro Bank's lowest two-year fixed rate at 3.59% and their five-year fixed rate at 4.49%. Borrowers will need a 35% deposit to access these rates and they both have 0.5% arrangement fees.
After the fixed rate period on both of these mortgages the rates will revert to the lenders standard variable rate which is currently 4.5%. The APR on both rates is 4.5%.
Aaron Strutt, product manager at Trinity Financial, says: “Metro Bank is one of the better lenders offering large buy-to-let mortgage loans and we have recently had a number of mortgages go through with them. The lender doesn't ask for assets to be transferred as part of the deal.â€
If you would like help to secure a Metro Bank mortgage, call us on 020 7016 0790.
February 26, 2014