Metro Bank increases maximum LTV on large commercial mortgages
By Tara SammonsMetro Bank increases the maximum LTV available on large commercial mortgages from 70% to 75%.
Section: Products
This is now available for small to medium-sized businesses in England and Wales with at least three years trading history.
Mark Davies, director of commercial banking at Metro Bank, commented: “For businesses of any size in any sector, the chance to own their own premises can be transformational in terms of enabling future growth and financial security.
“We are serious about supporting business and we hope that these changes will support entrepreneurs and continue to drive growth across the country.”
Keywords: Metro Bank, maximum LTV, large commercial mortgages, 75%, small to medium-sized businesses, England, Wales, trading history, Mark Davies, commercial banking, own premises, growth