Metro Bank COVID-19 Information

3 month payment holiday details

The payment holiday will apply if customer is up to date on their payments, not in arrears, and they can confirm that they’ve been affected – directly or indirectly – by Coronavirus.

How to apply

Call the mortgage servicing team on 03453191200

How will the payment holiday affect my mortgage ?

TBC

Will the payment holiday affect my Credit Score ?

No – But it’s important NOT to cancel your Direct Debits before you have spoken to us to arrange a payment holiday as this could be registered as a missed payment on their credit file.

Remortgaging during payment holidays

Only like-for-like remortgages allowed.

Product Switches during payment holidays

TBC

Product Switches are completely free with Switch Rates – to check your eligibility send us an enquiry.

Lending Restrictions

Remortgage business ONLY. Maximum LTV is 60% on all products

Offers will be extended on a case by case basis by 3 months, subject to eligibility criteria and confirmation their circumstances have not materially changed.

Useful Links & Contact Numbers

Metro Bank COVID-19 Information https://www.metrobankonline.co.uk/coronavirus/coronavirus-personal-customers/

UK Government COVID-19 Information site https://www.gov.uk/coronavirus

Money Advice Service adminPosted on April 4, 2020 | Categories COVID-19 Mortgage Information | Tags , ,