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Metro Bank enters consumer buy-to-let market

High street operator Metro Bank has announced that it is entering the consumer buy-to-let market and will now accept consumer applications from landlords and property investors. 

The new products are aiming to support borrowers who do not own any other rental properties as well as owners who are looking to let a property they have resided in since purchase.

Metro Bank says it has launched the new product range in response to increased demand since the implementation of the European Mortgage Credit Directive.



“Coming on the back of our announcement earlier this year on Portfolio BTL, [this] news demonstrates our ability to support an even wider range of customers and broker partners,” says Charles Morley, Metro Bank's mortgage distribution director.


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