Residential mortgages valued at less than £1.5 million will now have the rates for the two-year fixed and two-year tracker options cut by ten base points.
The two-year tracker mortgage rates will also now start at 2.09 percent and 2.29 percent for the two-year fixed rate.
The five-year fixed rate mortgages offered by the bank will have rates starting from 3.19 percent.
The bank's buy-to-let mortgage range was also modified. The five-year fixed rates now start at 3.79 percent, the two-year fixed rates at 2.99 percent and two-year tracker rates at 2.99 percent.
The statement reads: "Metro Bank has extended its free re-mortgage solution, currently available to residential customers, to new Buy to Let mortgage customers. Buy to Let customers will now benefit from free legal and valuation fees on a properties valued up to £1 million."
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