Metro Bank

​​​​​Metro Bank is Britain’s first new high street bank in over 100 years aiming to revolutionise the banking industry by creating ‘fans’, not customers. 
With extremely strong deposits, Metro Bank are looking to substantially increase lending through their very personal, flexible and competitive mortgage proposition.​ Lending available in England, Wales & Scotland (not AB, HS, IV, KW & ZE Postcodes) subject to a minimum purchase price/valuation of £75,000.

Procuration Tables

Gross fee paid by lenderProcuration fee to intermediary

Residential      0.40% (max £20,000)​
Buy to let         0.43% (max £20,000)
Product Transfers   0.30%    

All information correct as at 12/07/2018

​Residential      0.38% (max £19,750)
Buy to let         0.41% (max £19,750)
Product Transfers  0.285% 

All information correct as at 12/07/2018


What this means for you...

  • Personal underwriting means more flexibility on your customer's financial situation
  • Comprehensive support through their team of hand-selected business development managers
  • Dedicated broker helpdesk to assist at any stage of an application
  • Online mortgage portal offers a standalone affordability calculator, the ability to submit an AIP and full mortgage application, carry out a KFI, upload documents and track existing cases and new Rate Switching Portal
  • Informative intermediary website
Why choose Metro Bank for a mortgage? 
  • Comprehensive Residential and Buy-to-Let ranges offering very attractive fixed 2, 3 and 5 year fixed and tracker rate mortgages for new and existing customers
  • Remortgage packages available for both Residential and Buy to let cases (free valuation and legals): Residential and BTL - property values up to £2m
  • Common sense approach to lending
  • Joint borrower,sole proprietor available on residential and buy to let
  • Maximum of four applicants and use up to all 4 incomes,3rd and 4th applicants are accepted if they are close family relatives.
  • 20% annual overpayment allowed (of the initial amount borrowed) on Residential mortgages (10% for Buy to Let)
  • Annual (rather than monthly) capital repayment option available for employed individuals whose remuneration includes a significant proportion of annual bonus, subject to a track record of cash bonus payments with the existing employer.
  • Interest only available up to 75% LTV with a credible and provable repayment strategy in place from the outset


  • Downsizing is available Saleof Main Property: accepted on a minimum £600,000 property value.Refer to policy for further details
  • Contract Workers supported – no restriction in industry or contact amount
  • Buy-to-Let- No minimum income (subject to rental void plausibility checks); Maximum age at the end of the term is 80 years; Up to 4 applicants on an application considered of which the 3rd and 4th borrower do not require to be relatives
  • Consumer Buy to let now considered
  • Top slicing from surplus earned income can be used to support Buy-to-Let applications
  • Fully supportive of the PRA Portfolio Buy to Let Changes for landlords with 4 or more properties
  • Large loan specialist – loans considered up to £10m
  • New Build – Residential houses and flats up to 85% LTV; Buy to let houses and flats up to 75% LTV
  • Flexible approach taken to self-employed income
  • Our Mortgage Product Switching Portal - Procuration Fees are paid for rate switch products

Local Business Development Managers can:

  • Discuss new mortgage cases and assist on lending policy
  • Pre-approve more complex cases with underwriters when needed
  • Help with unusual queries where information is not readily available on the website
  • Arrange face-to-face meetings and/or training for new and existing intermediaries
  • Explore new business opportunities for intermediaries
  • Provide market insight and trends


One Southampton Row

​​For enquiries


Call the broker helpdesk: 0203 427 1019

Email the broker helpdesk:

[email protected]

Find your local BDM:

​Registration Process

A broker registration form needs to be completed. Registrations may be subject to restriction.