Metro Bank expands commercial mortgage range

Metro Bank has launched a new commercial mortgage, offering 85% LTV for loans up to £5 million. 

The loan is open to all businesses in England and Wales with at least two years trading history. 

This follow's the launch of Metro's 75% LTV commercial mortgage earlier this year.

The Bank also recently strengthened its commercial lending team, with Richard Jenkins joining as commercial lending director for Wales and the South West.

Mark Davies, director of commercial banking at Metro Bank commented: “Commercial mortgages help businesses of all sizes to secure that next step in their growth journey.

"We know that the benefits of owning your own premises can be transformational in securing the future of your business and we’re thrilled to offer one of the most competitive products available as we become the UK’s best specialist lender on the high street.”