Metro Bank ups BTL loan sizes

Metro Bank ups BTL loan sizes



Metro Bank has increased the maximum loan sizes across its entire buy-to-let (BTL) range, with the largest advance offered valued at more than £10m.

The criteria change also applies to the bank’s limited company BTL product launched last year.

Broken down by loan-to-value (LTV) band, the increased maximum loan sizes are:

  • 75% LTV up to £2m loan amount
  • 70% LTV up to £2.5m loan amount
  • 65% LTV up to £3m loan amount
  • 60% LTV up to £10m loan amount
  • 50% LTV over £10m loan amount

 

This latest criteria change follows the bank’s increase of its maximum commercial loan sizes, which took effect earlier this month, and the decision to remove its annual BTL rental cap at the end of last year.





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