Residential Mortgage Range - Metro Bank

Residential Mortgage Range

Why Metro Bank for mortgages

? Personal service ? one single point of contact through your mortgage process. ? Individual case underwriting so we can take account of a customer's personal circumstances. ? A choice of two fee assisted re-mortgage options ? up to a maximum property value of ?2 million. ? Interest only available up to 75% loan to value with a credible and provable repayment strategy in place from the outset. ? Any type of Contract Workers accepted. ? Unencumbered properties accepted

Available for house purchase and re-mortgage

Product Code

Maximum

Loan to Value*

Maximum Loan size

Initial interest Rate

2 Year Fixed Rates

R2831

75% 80%

R2836

85%

?2m ?1.5m ?1m

2.09% 2.39%

Product Fee

Follow on Rate

(Standard Variable Rate)

Overall cost for comparison APRC**

?999

4.25%

4.0% APRC 4.0% APRC

R2841

90%

3 Year Fixed Rates

R2846

75% 80%

R2851

85%

?500,000

?2m ?1.5m ?1m

2.59%

2.09% 2.39%

?999

4.0% APRC

4.25%

3.8% APRC 3.9% APRC

R2856

90%

5 Year Fixed Rates

?500,000

2.59%

3.9% APRC

R2861

60%

?2m

2.14%

3.5% APRC

R2866

75%

?2m

2.24%

3.5% APRC

R2871

80%

?1.5m

2.34%

?999

4.25%

3.5% APRC

R2876

85%

?1m

2.49%

3.6% APRC

R2881

90%

?500,000

2.69%

2 Year Tracker Rates

R2145

75% 80% 85%

?2m ?1.5m ?1m

2.09%

(Base Rate? + 1.34%)

?999

4.25%

5 Year Tracker Rates, reduced Early Repayment Charge period, see table

3.7% APRC 4.0% APRC

Annual Overpayment

Allowed

20% of initial amount borrowed

20% of initial amount borrowed

20% of initial amount borrowed

20% of initial amount borrowed

R2656

75% 80% 85%

?2m ?1.5m ?1m

2.24%

(Base Rate? + 1.49%)

?999

4.25%

3.6% APRC

20% of initial amount borrowed

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE Details correct as at 14 March 2019. Rates may be changed without notice.

pg 1

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We're authorised by the Prudential Regulation

Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. `Metrobank' is the registered trade mark of Metro Bank PLC.

1401 OF S6655 (03/19)

Residential Mortgage Range (continued)

Available for re-mortgage only, maximum property value of ?2m

Product Code

Maximum Loan to Value*

Maximum Loan size

Initial interest Rate

Product Fee

Follow on Rate Overall cost for Annual

(Standard Variable Rate)

comparison Overpayment

APRC***

Allowed

Features

2 Year Fixed Rates

R2832

R2833 R2834

80%

R2835

R2837

R2838 R2839

85%

R2840

R2842

R2843 R2844

90%

R2845

3 Year Fixed Rates

R2847

R2848 R2849

80%

R2850

R2852

R2853 R2854

85%

R2855

R2857

R2858 R2859

90%

R2860

?1.5m

2.19%

2.34%

Minimum loan size ?100,000

?999 Nil

?1m

2.49%

?999

2.64%

Minimum loan size ?100,000

Nil

2.69%

?500,000

2.84%

Minimum loan size ?100,000

?999 Nil

?1.5m

2.19%

2.34%

Minimum loan size ?100,000

?999 Nil

?1m

2.49%

?999

2.64%

Minimum loan size ?100,000

Nil

2.69%

?500,000

2.84%

Minimum loan size ?100,000

?999 Nil

4.25%

4.0% APRC1 4.0% APRC2 4.0% APRC3 4.0% APRC4 4.0% APRC1 4.0% APRC2 4.0% APRC3 4.0% APRC4 4.1% APRC1 4.1% APRC2 4.1% APRC3 4.1% APRC4

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

20% of initial amount borrowed

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

4.25%

3.8% APRC1 3.8% APRC2 3.8% APRC3 3.8% APRC4 3.9% APRC1 3.9% APRC2 3.9% APRC3 3.9% APRC4 3.9% APRC1 3.9% APRC2 3.9% APRC3 3.9% APRC4

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

20% of initial amount borrowed

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

pg 2

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We're authorised by the Prudential Regulation

Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. `Metrobank' is the registered trade mark of Metro Bank PLC.

1401 OF S6655 (03/19)

Residential Mortgage Range (continued)

Available for re-mortgage only, maximum property value of ?2m (continued)

Product Code

Maximum Maximum Loan to Loan size Value*

Initial interest Rate

Product Follow on Rate

Fee

(Standard Variable Rate)

Overall cost for comparison APRC**

Annual Overpayment

Allowed

Features

5.18 V7.pdf

5 Year Fixed Rates

R2862

R2863 R2864

60%

R2865

R2867

R2868 R2869

75%

R2870 R2872 R2873 R2874 R2875 R2877 R2878 R2879 R2880 R2882 R2883 R2884 R2885

80% 85% 90%

?1.2m ?1.5m ?1.5m ?1m ?500,000

2.19%

2.39%

Minimum loan size ?100,000

2.29%

2.49%

Minimum loan size ?100,000

2.39%

2.59%

Minimum loan size ?100,000

2.54%

2.74%

Minimum loan size ?100,000

2.74%

2.94%

Minimum loan size ?100,000

?999 Nil

?999 Nil

?999 Nil

?999 Nil

?999 Nil

4.25%

3.5% APRC? 3.5% APRC? 3.6% APRC? 3.6% APRC4 3.5% APRC? 3.5% APRC? 3.6% APRC? 3.6% APRC4 3.6% APRC? 3.6% APRC? 3.6% APRC? 3.6% APRC4 3.6% APRC? 3.6% APRC? 3.7% APRC? 3.7% APRC4 3.7% APRC? 3.7% APRC? 3.8% APRC? 3.8% APRC4

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

20% of initial amount borrowed

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

pg 3

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We're authorised by the Prudential Regulation

Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. `Metrobank' is the registered trade mark of Metro Bank PLC.

1401 OF S6655 (03/19)

Residential Mortgage Range (continued)

Available for re-mortgage only, maximum property value of ?2m (continued)

Product Code

Maximum Loan to Value*

Maximum Loan size

Initial interest Rate

Product Fee

Follow on Rate

(Standard Variable Rate)

Overall cost for comparison APRC**

Annual Overpayment

Allowed

Features

2 Year Tracker Rates

R2188 R2189 R2190 R2191

80% 85% 80% 85% 80% 85% 80% 85%

?1.5m ?1m ?1.5m ?1m ?1.5m ?1m ?1.5m ?1m

2.19%

(Base Rate? + 1.44%)

?999

2.34%

(Base Rate? + 1.59%)

Nil

Minimum loan size

?100,000

4.25%

4.0% APRC 4.0% APRC 4.0% APRC 4.0% APRC

5 Year Tracker Rates, reduced Early Repayment Charge period, see table

R2657 R2658 R2659 R2660

80% 85% 80% 85% 80% 85% 80% 85%

?1.5m ?1m ?1.5m ?1m ?1.5m ?1m ?1.5m ?1m

2.34%

(Base Rate? + 1.59%)

?999

2.49%

(Base Rate + 1.74%)

Nil

Minimum loan size

?100,000

4.25%

3.6% APRC 3.6% APRC 3.6% APRC 3.6% APRC

Legal Assist and no valuation fee

20% of initial amount borrowed

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

20% of initial amount borrowed

?250 Cashback and no valuation fee

Legal Assist and no valuation fee

?250 Cashback and no valuation fee

Our re-mortgage offers

All of the mortgages featured are available for re-mortgages. Additionally we offer two specific fee assisted options. Moving your mortgage to Metro Bank will result in legal and valuation costs. Metro Bank will pay these costs as outlined below:

Legal Assist We will appoint a solicitor from our panel to act on behalf of Metro Bank so, if you decide not to use the solicitor we choose or take independent legal advice, this will not be covered under our free legal fees scheme. There are some items we do not pay for, these include, but are not limited to: mining and unusual search fees, change of name on title, transfer of equity and first registration of title. The legal assist is available up to a maximum property value of ?2 million.

Cashback If you choose a product that offers a cashback we will not pay any of your legal costs, instead you may wish to use the cashback towards them, we will pay you the cashback after your mortgage completes. Our cashback products are available up to a maximum property value of ?2 million.

Valuation We will carry out a standard valuation for our purposes up to a maximum property value of ?2 million.

Unencumbered Properties Our re-mortgage offers are available for unencumbered properties with a minimum loan size of ?150,000, maximum property value of ?2 million.

Fixed rate loans and tracker rate loans over ?10m by arrangement

pg 4

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We're authorised by the Prudential Regulation

Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. `Metrobank' is the registered trade mark of Metro Bank PLC.

1401 OF S6655 (03/19)

Residential Mortgage Range (continued)

Larger Loan Range

? Loans up to ?10 million can be tailored to meet individual needs ? No funds under management are required ? The ability to discuss potential new applications either face to face or by phone with a specialist in large loans ? A personal service which makes our application process seamless and stress free ? Both tracker and fixed rates products available

Mortgages between ?2m and ?10m

Product Code

Product

Maximum Loan to Value*

Maximum Loan size

Initial Interest

Rate

Product Fee

Follow

on Rate

(Standard Variable Rate)

Fixed rates

R2886

2 year fixed rate

60% 65% 70%

R2887

3 year fixed rate

60% 65% 70%

R2888

5 year fixed rate

60% 65% 70%

Tracker rates

R2198

2 year tracker rate

60% 65% 70%

R1708

5 year tracker rate

60% 65% 70%

?10m ?3m ?2.5m ?10m ?3m ?2.5m ?10m ?3m ?2.5m

2.09% 2.09% 2.24%

?1,999 ?1,999 ?1,999

?10m ?3m ?2.5m ?10m ?3m ?2.5m

2.09%

(Base Rate? + 1.34%)

2.34%

(Base Rate? + 1.59%)

?1,999 ?1,999

4.25% 4.25% 4.25%

4.25% 4.25%

Overall cost for comparison APRC**

3.9% APRC 3.8% APRC 3.5% APRC

4.0% APRC 4.0% APRC

Annual Overpayment

Allowed

20% of initial amount borrowed

20% of initial amount borrowed

20% of initial amount borrowed

20% of initial amount borrowed

20% of initial amount borrowed

pg 5

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We're authorised by the Prudential Regulation

Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. `Metrobank' is the registered trade mark of Metro Bank PLC.

1401 OF S6655 (03/19)

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