mortgage portfolio acquisition

NatWest acquires £2.5bn mortgage portfolio from Metro Bank

29th July 2024 Company News | #mortgage portfolio acquisition

NatWest has agreed to buy a £2.5 billion portfolio of prime residential mortgages from Metro Bank. The deal will see around 10,000 customer accounts transfer to NatWest from Metro, although the accounts will continue to be serviced by the latter lender. NatWest says the mortgages have a weighted average current loan-to-value of around 62%, and…

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mortgage portfolio acquisition

NatWest acquires £2.5bn mortgage portfolio from Metro Bank

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