FINANCE: Buy-to-let landlords can now get financing on portfolios of up to £5m with 75% LTV from Metro Bank.
The challenger bank will provide two-year tracker mortgages at 4.09%, two- and three-year fixed-rate mortgages at 4.39% and five-year fixed-rate mortgages at 4.99%. Borrowers can finance portfolios of up to 25 properties.
Both limited companies and individuals are eligible.
Metro Bank was founded in 2010 and was the first new high street bank to be given a licence in the UK for 150 years.
