Tesco bank extends mortgage broker panel

Brokers can now access Tesco bank’s range of mortgages through First Complete and Pink networks.

Tesco bank extends mortgage broker panel

Tesco bank have announced First Complete and Pink networks as new additions to their broker panel as part of its expansion into the intermediary market.

Brokers can now access Tesco bank’s range of mortgages through First Complete and Pink networks.

Key features of the products include purchase and remortgage up to 95% loan-to-value and overpayments up to 20% with no ERC during the initial rate period.

David McCreadie, managing director at Tesco Bank, said: “In 2017 we are continuing our commitment to help as many customers as possible to buy their own homes.

“The vast majority of Tesco customers now select their mortgage with the help of a broker, and I am delighted to announce that First Complete and Pink have been added to our mortgage broker panel.

“With these additions it will help to ensure that Tesco mortgages are now available to even more customers.”

Karen Hedges, mortgage manager at First Complete and Pink, added: “We are delighted to announce the addition of Tesco Bank to our networks, highlighting once again our determination to give our brokers access to a range of mainstream lenders.

“Best customer outcomes are always a priority when we review our panels, and we hope that this partnership will help to serve an even greater number of borrower’s needs.”

This comes after Tesco bank was named best first-time mortgage provider and best bank mortgage provider at the 2016 Moneyfacts awards, as well as best variable rate mortgage provider at the 2016 Personal Finance Awards.