Metro Bank has announced an increase in the maximum loan-to-value (LTV) available on large commercial mortgages, raising it from 70% to 75%.
The move is aimed at supporting businesses across England and Wales by making property ownership more accessible and enabling long-term growth and financial stability.
The higher LTV is available to all businesses with at least three years of trading history. Commercial mortgages can provide significant benefits for small to medium-sized enterprises (SMEs), including the opportunity to expand into new premises or gain greater control over operational costs.
Mark Davies, director of commercial banking at Metro Bank, said: “For businesses of any size in any sector, the chance to own their own premises can be transformational in terms of enabling future growth and financial security. We are serious about supporting business and we hope that these changes will support entrepreneurs and continue to drive growth across the country.”
