Metro Bank
Metro Bank

Metro Bank

Metro Bank is here to revolutionise banking by creating fans not customers. With a national Business Development Manager presence and a highly experienced underwriting team, Metro Bank aims to provide a fast, efficient and reliable service to their mortgage partners and customers.

Metro Bank’s Residential and Buy to Let products all follow the same principle: to be straight forward, easy to understand and geared towards the needs of the customer, whether they’re a First Time Buyer or an experienced landlord.

Key Features  Tools & Calculators


Proc Fees

Product Gross Net
Residential 0.40% 0.38%
Buy to Let 0.43% 0.41%
Product Transfers 0.3% 0.28%
Product Type When does the lender pay PMS? Frequency
All Following week after completion. Weekly.
Product Switch Within 30 days of completion. Weekly.

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  

Mortgages as individual as your most individual individuals

Post Code Restrictions: Lender-InfoBoxWhite

We lend in England, Wales and Scotland (Scottish postcodes covered - DD, DG, EH, FK, G, KA, KY, ML, PA, PH, TD)

Register Lender-InfoBoxWhite

Register to place business with Metro Bank:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.


Why choose Metro Bank mortgages?

  • Maximum 95% LTV - houses and flats (new build 90%)
  • Customers with a less than perfect credit profile – subject to full assessment and a credit score pass
  • Enhance income multiples for high earners and professionals
  • Joint borrower, sole proprietor
  • Up to four applicants, all incomes considered
  • Continued support for self-employed – there will be a requirement to demonstrate the sustainability and profit of the business
  • 60% Bonus/commission/overtime
  • Maximum age 80 considered – term based on the oldest applicants age
  • Contractors – will consider any profession not just IT workers
  • Second homes maximum LTV up to 85% considered

Buy to Let

  • Maximum 75% LTV
  • Top slicing from earned income to support BTL applications

Key Features

  • National Business Development Team
  • Practical, flexible and easy-to-understand mortgages
  • Individual case underwriting, when needed
  • An online portal for all your applications, rate switching and real-time case tracking

For full terms and conditions on the points detailed above please refer to our “Mortgage Lending Criteria” guide.

We love to hear from you

If you have any questions please contact your local Business Development Manager or our Broker Help Desk: 0203 427 1019

Visit our website

Tools & Calculators