CMC, which became a partner of Metro Bank in December last year, has already posted the new products on the Trigold sourcing system.
Features include:
- Mortgages available up to £1.5 million for customers with up to 6 properties
- Individual case underwriting
- 2 year fixed rates from 3.49% for loans up to £750,000
- 5 year fixed rates from 4.35% for loans up to £750,000
- 2 and 5 year fixed rates available on loans up to £1.5 million from 3.99%
Talking about the new products, Kevin Ward, Head of Business Development at CMC, commented:
"This new offering from Metro Bank demonstrates their commitment not only to the BTL market, but also to the intermediary sector which has helped drive the growth of this important channel. We are delighted to be partnering Metro Bank, as one of the few distributors currently able to promote these great products."
He added, "We believe that this range of BTL products will be popular with our existing members and we expect to have a lot of interest from intermediaries who have yet to sample the Connect Mortgage Club service."
