Metro Bank offering 2.84% five-year fixed rate mortgage
Metro Bank is offering a leading 2.84% five-year fixed rate mortgage. It has an APR of 3.5% and a £999 arrangement fee.
Borrowers will need a 40% deposit to qualify and the maximum loan size is £1.5 million.
Aaron Strutt, product manager at Trinity Financial, says: “There is a lot of competition to attract borrowers at the moment and many of the lenders have really impressive rates.
“Early repayment charges apply for the full five-years with Metro’s rate, although overpayments of up to 20% of the mortgage amount can be made each year without charge.”
After the fixed rate period the mortgage reverts to the lenders standard variable rate, which is currently 4%.
If you would like help to secure a leading mortgage rate, call Trinity on 020 7016 0790.
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
