Tesco Bank has removed booking fees and lowered rates on its 95% loan-to-value products.
Its 95% LTV rates stand at 3.74% for a 2-year fix, 3.99% for a 3-year fix and 4.29% for a 5-year fix.
The lender still charges product fees on some mortgages which are paid up front or added to the total mortgage amount.
David McCreadie, managing director, Tesco Bank said: “We aim to make banking as simple as possible for customers.
“We’ve listened to feedback and I am pleased that we have been able to simplify our range by removing booking fees to make the fee structure easier for customers.
“Widening our distribution to make 95% LTV mortgages available through brokers will also allow us to serve more customers, many of whom will be taking that important first step on the property ladder.”