Borrowers who hold a mortgage with Metro Bank are being encouraged to stay with the lender when the time comes to remortgage.
Metro Bank will reward customers via its Mortgage Retention Proposition which offers a number of benefits for customers switching to other Metro Bank mortgages.
These include:
- Same rates available to new and existing customers
- Existing customers save £500 on product transfers
- Customers can switch Metro Bank products up to three months early
- Further advances also available at the same rates offered to new customers
Charles Morley, head of mortgage distribution at Metro Bank, said: “Metro Bank has always championed existing customers and our new proposition combines the amazing service we are known for with fair and simple products.
“These initiatives represent the latest milestone in our journey and reinforce our commitment to offering customers the very best in service and convenience.”