Tesco Bank cuts mortgage rates

Mortgage Introducer

October 17, 2016

Tesco Bank has reduced mortgage rates on a selection of 2, 3 and 5-year fixed rate mortgages.

Its 3-year fixes now stand at 2.34% to 80% loan-to-value with no product fee and 1.99% to 80% LTV with a £995 fee.

Tesco is also offering a 2-year fix at 2.49% to 90% LTV and a 5-year fix at 2.28% to 80% LTV with a £995 fee.

David McCreadie, managing director at Tesco Bank, said: “At Tesco Bank, we want to make it easier for customers to buy or remortgage their home, and our new mortgage rates help to make it more affordable for customers as they take their next steps on the property ladder.”

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