Metro Bank withdraws 60%, 85% and 95% products | Mortgage Strategy

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Metro Bank is withdrawing all products in its 85 per cent and 95 per cent mortgage range.

The products will be removed as of 5.30pm today, Friday 21 August.

It also plans to withdraw all 60 per cent LTV products for new and existing customers.

In a note to brokers, the lender says that since reintroducing it’s high LTV range it has seen a “significant increase” in the popularity of the products and the initial tranche is now almost full.

Any cases submitted after this afternoon’s deadline will not be accepted.

Metro Bank says it will have full details of the products that are available on its website from 9am Monday 24 August.


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