Co-Op Launches Sub-4% Loans, Metro Relaxes Near Prime Lending Rules    – Mortgage Strategy

Co-op launches sub-4% loans, Metro relaxes near prime lending rules    – Mortgage Strategy

The Co-operative Bank for Intermediaries has introduced sub-4% fixed-rate loans, while Metro Bank has refreshed its near prime residential range.   Highlights among the lender’s sub-4% deals are a two-year remortgage-only fixes at 3.85% at 60% loan to value, with a £999 fee.  It also…The post Co-op launches sub-4% loans, Metro relaxes near prime lending rules    appeared first on Mortgage Strategy.

Metro Bank enhances criteria across Near Prime range

Metro Bank has completed a product-wide refresh of its Near Prime residential mortgage range. The changes aim to provide greater choice for customers, particularly those with a less than perfect credit profile. The refresh includes a new increased maximum loan-to-value (LTV) of 85% and an improved loan size of up to £750,000. Metro Bank has also introduced greater repayment choice with Interest Only, and Part and Part now available. Metro Bank h…