Metro Bank’s Professional Mortgage

When it comes to professional mortgages, Metro Bank is one of the better-known names in the market. Their product is tailored to a select list of careers and offers certain advantages, but it isn’t necessarily the most generous compared with some competitors.

At Strive Mortgages, we are specialists in professional mortgages, having helped thousands of clients in professional roles secure bespoke solutions and access high income multiples. We know the strengths and limitations of each lender — including Metro — and how to position your case to get approved. You can read more in our full mortgages for professionals guide.

If you’re a solicitor, doctor, accountant or another recognised professional, you might be wondering if Metro’s professional mortgage is the right fit. This guide breaks down who qualifies, what the criteria are, and how the product compares to other professional lenders.

Why Choose Metro Bank for a Professional Mortgage?

Metro Bank’s professional mortgage range is specifically designed for fully qualified, registered and practising professionals in the UK. Accepted professions include:

• Solicitors and Barristers
• Medical Doctors
• Accountants and Actuaries
• Vets and Dentists
• Surveyors and Architects
• Engineers

Applications can be for purchase or remortgage, and the lender will consider up to two applicants — as long as at least one meets the professional criteria.

Other key criteria:

• Applicants must be over 21 years of age.
• You must have qualified in the last ten years and be registered with the relevant UK professional body.
• You must be working in your chosen field.
• Self-employed applicants are welcome, which makes Metro a useful option for professionals running their own practice.

Metro will even consider cases where the professional isn’t the highest earner — for example, a solicitor applying with a non-professional spouse who earns more.e money.

How Much Can You Borrow with Metro Bank?

Metro offers enhanced affordability compared to standard mortgages, but they aren’t at the very top of the market.

• Income multiples: up to 5.5× income, subject to affordability. Some lenders stretch to 6× or even 7×, so Metro is not the most generous if maximum borrowing is your priority.
• Loan sizes: Metro’s professional mortgage allows borrowing from £1m up to £1.125m at higher LTVs, subject to criteria.

👉 Compare this with our case study of a professional mortgage in London at 6× income, where another lender allowed significantly more borrowing power.

Deposit Requirements

Metro Bank requires a minimum 10% deposit for professional mortgages. This makes them less flexible for first-time buyers with only 5% saved, as some professional lenders do allow 95% LTV in rare cases.

Rates on Metro Bank Professional Mortgages

At the time of writing (06/10/2025), Metro’s 5-year fixed professional mortgage rate with a 10% deposit is 5.89%. That’s roughly 1.25% higher than equivalent mainstream mortgages, which can feel expensive.

Why the premium? Professional products are priced to reflect the flexibility they give — particularly around affordability and income types.

But it does mean:

• If you expect your income to grow quickly, you may be better off using a 2-year professional deal elsewhere and moving onto a cheaper standard mortgage later.
• If your priority is interest-only borrowing or accommodating self-employed income, Metro’s range can justify the higher rate.

Interest-Only and Part & Part Options

One of Metro Bank’s strongest features is flexibility with repayment types:

• Interest-only: allowed up to 80% LTV.
• Part & part: allowed up to 85% LTV.

This is considerably more generous than many other lenders, who cap interest-only at 75%. For professionals wanting to keep payments lower while still having a repayment plan in place, this is a big plus.

If you’re considering these options, our full interest-only mortgages guide explains how part & part can work in practice.

Overpayments

Metro allows 20% overpayments per year based on the initial balance — double the usual 10% offered by many mainstream lenders. This gives professionals with fluctuating income (e.g. private practice earnings or bonuses) more flexibility to pay down the loan faster when funds are available.

Strengths of Metro Bank Professional Mortgages

✅ Open to a wide range of recognised professions.
✅ Up to 5.5× income multiples (above the standard 4.5×).
✅ Interest-only up to 80% and part & part up to 85%.
✅ Self-employed applicants welcome.
✅ 20% annual overpayment allowance.
✅ Can consider where the professional is not the main earner.

Drawbacks to Consider

❌ Not the most generous — some lenders offer up to 6× or 7× income.
❌ Minimum 10% deposit — no 5% deals available.
❌ No 2-year fixed rates — professional range is limited to 5-year deals.
❌ Professional rates are higher (currently 5.89% at 90% LTV).
❌ Limited product choice compared with mainstream ranges.

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Are Metro Bank Good for Professional Mortgages?

The answer depends on your priorities.

• If you want maximum borrowing, Metro may not be your best choice — other professional lenders stretch further.
• If you need interest-only or part & part flexibility, or you’re self-employed, Metro can be a very strong option.
• If you’re looking for the cheapest rate, professional mortgages at Metro are not usually the most competitive.

For an overview of how they compare with other providers, see our mortgages for professionals guide.

Strive: Expert Help with Metro Bank and Beyond

At Strive, we work daily with Metro Bank and other professional mortgage lenders. We’ll help you decide whether their product is the right fit — or whether another lender might give you more borrowing power or better value.

We understand the nuances of professional income, whether you’re salaried, self-employed, or using bonuses, RSUs, or practice earnings.

👉 Ready to explore your options? Speak to Strive Mortgages today — we’ll match you with the right lender for your profession, whether that’s Metro Bank or another specialist provider.