Metro Bank 2 Year Fixed Rate
- Monthly payment
- Where this comes fromMethodThe repayment on £306,000 at 6.49% over 30 years, shown to the pound.SourceMetro Bank mortgage rates (the lender’s own page)ObservedLicencePublished by Metro BankAs capturedInitial rate 6.49% (fixed rate, 2 years)As Metro Bank publishes it for buying a home at up to 90% loan to value; check it with Metro Bank before you apply.
- Initial rate
- Where this comes fromSourceMetro Bank mortgage rates (the lender’s own page)ObservedLicencePublished by Metro BankAs captured6.49% fixed for 2 yearsAs Metro Bank publishes it for buying a home at up to 90% loan to value; check it with Metro Bank before you apply.
- APRC
- Where this comes fromMethodThe annual percentage rate of charge for this loan and term (FCA MCOB 10A), with the stated fees paid at completion and the variable rate assumed after the deal. Metro Bank’s own APRC for its example is 7.40%.SourceMetro Bank mortgage rates (the lender’s own page)ObservedLicencePublished by Metro BankAs capturedInitial rate 6.49% (fixed rate, 2 years); then 7.25%, the lender’s variable rate today; Arrangement fee £999; Booking fee: not stated; Valuation fee: not stated; CHAPS fee: not stated; Cashback: not statedAs Metro Bank publishes it for buying a home at up to 90% loan to value; check it with Metro Bank before you apply.
- Cost over 2 years
- Where this comes fromMethod24 monthly payments, plus the stated fees, less any cashback: what the initial period costs in all.SourceMetro Bank mortgage rates (the lender’s own page)ObservedLicencePublished by Metro BankAs capturedInitial rate 6.49% (fixed rate, 2 years); then 7.25%, the lender’s variable rate today; Arrangement fee £999; Booking fee: not stated; Valuation fee: not stated; CHAPS fee: not stated; Cashback: not statedAs Metro Bank publishes it for buying a home at up to 90% loan to value; check it with Metro Bank before you apply.
- Rate after the deal ends
- Where this comes fromSourceMetro Bank mortgage rates (the lender’s own page)ObservedLicencePublished by Metro BankAs captured7.25%, the lender’s variable rate todayAs Metro Bank publishes it for buying a home at up to 90% loan to value; check it with Metro Bank before you apply.
- Monthly payment after the deal
- Where this comes fromMethodWhat is still owed after 2 years, repaid over the rest of the term at the lender’s variable rate today (7.25%); that rate can change.SourceMetro Bank mortgage rates (the lender’s own page)ObservedLicencePublished by Metro BankAs capturedInitial rate 6.49% (fixed rate, 2 years); then 7.25%, the lender’s variable rate todayAs Metro Bank publishes it for buying a home at up to 90% loan to value; check it with Metro Bank before you apply.
- Fees
- Where this comes fromMethodThe fees the lender states, added; its page does not state: booking fee, valuation fee, chaps fee.SourceMetro Bank mortgage rates (the lender’s own page)ObservedLicencePublished by Metro BankAs capturedArrangement fee £999; Booking fee: not stated; Valuation fee: not stated; CHAPS fee: not stated; Cashback: not statedAs Metro Bank publishes it for buying a home at up to 90% loan to value; check it with Metro Bank before you apply.Arrangement fee £999
- Early repayment charges
- Not available: not on the rates page
- Overpayments
- 20% of the initial amount borrowed each year
- Product name
- 2 Year Fixed RateR09210
For your case: A repayment mortgage of £306,000 over 30 years, APRC 7.38%. Total amount payable over the full term £746,562, including fees of £999 (the fees the lender states). Repayments: 24 months of £1,932 at 6.49% (fixed), then 336 months of £2,081 at 7.25% (variable). Rates as Metro Bank published them on 13 Nov 2026; they are not guaranteed and may have changed by the time you apply.
