Metro Bank to open more branches

Aaron Strutt Image
Metro Bank has announced that it is to open another seven high-street branches in the South East after raising £126 million in new capital. The bank currently has 12 branches and expects to open another seven across London and the Home Counties before the end of 2012. The banks long term plan is to open 200 branches by 2020. Trinity Financial has access to Metro Bank's mortgages and they have some competitive deals. Their mortgage lending criteria differs from many other lenders and they base both residential and buy-to-let mortgages on affordability. They won't consider lending to anyone with more than three investment properties and they will only offer mortgages on property located within commuting distance from London. June 15, 2012
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