F4B Network adds Metro Bank to lending panel
The F4B Network has announced the addition of Metro Bank to its lending panel.
This panel addition will provide F4B Network members with access to Metro Bank’s extensive range of residential and buy-to-let mortgages. Since its launch in February 2021, the FTB Network has developed relationships with a host of lenders in its ongoing quest to meet the shifting needs of its growing adviser community.
Metro Bank has also been busy in 2021, partnering with Churchill Expert to offer SME Insurance in February, launching a near prime mortgage range in March and extending its 95 per cent product range to include remortgages in May. A move which was supported by 25 new hires including underwriters, business development managers and telephone service agents. The lender has also tripled its buy-to-let assured shorthold tenancy to 36 months and increased income multiples for its professional and high earner borrowers to 5.5x income.
The F4B network will continue to assemble a wide-ranging lending panel consisting of mainstream, buy-to-let, specialist and short-term finance lenders, plus an array of protection and GI providers. In addition, it also offers full compliance support and a tech package consisting of features such as remote file checking, CRM system, research tools and a comprehensive PI insurance package.
Steve Swyny, commercial director at F4B Network, commented: “Metro Bank has been one of the most active lenders over the past 12 to 18 months in terms of broadening its intermediary proposition and diversifying its product range.
“As a relatively new network offering, it’s vital for us to offer our members access to the type of lenders and service values which can add real value to their clients and their business. Metro Bank has made significant advances from a technology perspective and the strength of its support network will prove crucial for our advisers in H2 2021 and beyond.
“Jeremy Cook, head of corporate relationships at Metro Bank, said: “We’re delighted to be working more closely with F4B as we join their lender panel, offering more brokers and their customers access to Metro Bank’s growing range of mortgage products.”