Metro Bank Reduces HMO & MUFB Buy to Let Mortgage Rates: Latest September 2025 Update

Metro Bank Announces New Lower Rates for HMO & MUFB Buy to Let Mortgages

Metro Bank, a leading UK lender known for its innovative property finance solutions, has today announced a significant rate reduction across its House in Multiple Occupation (HMO) and Multi-Unit Freehold Block (MUFB) buy to let products. Effective immediately, these new lower rates are available to both individual landlords and those applying via limited company structures.

New HMO and MUFB Buy to Let Mortgage Rates

Metro Bank’s latest mortgage update introduces highly competitive fixed rates for property investors looking to expand or refinance their HMO or MUFB portfolios. The new options are as follows:

• 2 Year Fixed Rate – 3.59% (5% fee applies)
• 5 Year Fixed Rate – 4.69% (5% fee applies)
• 2 Year Fixed Rate – 5.59% (£1,999 fee)
• 5 Year Fixed Rate – 5.49% (£1,999 fee)

These reduced rates apply whether you purchase in your own name or through a limited company, making Metro Bank’s offering one of the most flexible and accessible on the UK specialist buy to let market.

Updated Lending Criteria and Borrower Impact

The revised rates are designed for experienced landlords as well as new entrants considering HMO and MUFB investments. Metro Bank continues to support applications in both personal and company names, streamlining access for:

• Portfolio landlords looking to remortgage on competitive terms
• First-time landlords considering HMOs or small apartment blocks
• Landlords consolidating property holdings under a limited company structure

No specific lending criteria changes have been announced as part of this rate update, but standard HMO and MUFB requirements apply. For a detailed list of criteria, visit Metro Bank’s Intermediaries product guide.

Key Features and Advantages of Metro Bank’s Specialist Lending

• Lending to individuals and limited companies, with no additional pricing for limited companies
• Simplified property portfolio assessment (including background portfolio stress testing)
• Flexible on applicant types, including support for first-time landlords entering the HMO/MUFB sector
• Accessible via a dedicated  team for case discussions
• Quick decision-making and active support for complex cases

Who Benefits from the Rate Reductions?

• Landlords and property investors seeking to maximise rental yields with HMO or MUFB properties
• Investors wishing to remortgage onto more attractive fixed rates
• Landlords needing to transfer existing buy to let properties into a limited company (for tax efficiency)
• Property buyers looking for flexible options and low pricing in the specialist mortgage market

Why Choose Metro Bank for HMO & MUFB Mortgages?

With these new rate reductions, Metro Bank continues to stand out due to:

• Highly competitive rates for specialist property types
• Equal support for both individual and company applicants
• Dedicated, regional BDMs and a responsive case support team
• Clear lending criteria and a practical approach to landlord needs

Speak to a Specialist for Expert Mortgage Advice

If you are considering an HMO or MUFB investment, or wish to explore remortgaging options, contact our expert mortgage advice team. We’ll help you review the latest rates across all UK mortgage lenders, discuss your borrowing plans, and secure the most suitable deal for your property business.

Call 0800 048 8828 today or contact us online for tailored support.

Frequently Asked Questions: Metro Bank HMO & MUFB Rate Update

• Who can apply for Metro Bank’s new HMO/MUFB rates?Eligible applicants include individual landlords and limited companies with qualifying HMO or MUFB properties. First-time landlords may also be considered, subject to lender criteria.
• How do the new rates compare to previous offers?The updated rates are lower than previous Metro Bank HMO/MUFB pricing, providing cost savings and increased rental yield opportunities.
• Do I need a minimum portfolio size or experience?No minimum portfolio size stated. However, experience with HMO/MUFB properties may be required for some applications. Check with your adviser or the product guide.
• What fees apply to the new rates?Rates are available with either a 5% loan fee or a flat £1,999 fee. Your choice depends on loan size and investment strategy.
• How can I find if I qualify or apply?Contact our mortgage team to discuss your scenario and determine eligibility.