Metro Bank has been appointed to TMA’s lender panel.
The bank will offer both residential mortgages up to 85% LTV and buy-to-let mortgages up to 75% LTV.
Products will include:
Residential
- Two-year fixed 1.99% – 70% LTV
- Five-year fixed 3.19%- 85% LTV
Buy-to-let
- Two-year fixed 2.89%- 65% LTV
- Two-year tracker 2.89% – 75% LTV
It will also offer interest only mortgages for residential properties up to 70% LTV where there is a “credible and provable repayment strategy” in place from the outset.
David Copland (pictured), director of TMA, said: “Metro Bank will be a really good addition to the TMA panel, offering highly valued products and services at very competitive rates.
“This further increases the value that we can provide to directly authorised advisers in our mission to improve both the service and product offering that DAs receive from us.”
Charles Morley, head of mortgage distribution at Metro Bank, added: “Metro Bank is revolutionising banking by providing the best in service and convenience to our customers, we are delighted more customers will gain access to our mortgage products through TMA and look forward to making a real difference to the intermediaries that access the mortgage club.”