"As one of the only lenders to consistently remain in the higher LTV market throughout the coronavirus pandemic, we’ve been working hard to launch into 95% LTV residential mortgages."
The new 95% LTV purchase product has a rate of 3.89% on a maximum loan size of £570,000.
There’s also a top-up option available for existing homeowners and rate switch options for existing customers.
Charles Morley, director of mortgage distribution at Metro Bank, said: “As one of the only lenders to consistently remain in the higher LTV market throughout the coronavirus pandemic, we’ve been working hard to launch into 95% LTV residential mortgages.
"Our customers will benefit from a competitive five-year fixed rate. We’ve also been making a number of new hires across our mortgages business recently, offering specialist lending expertise as we look to appeal to an ever wider range of mortgage customer.”
