Tesco cuts fixed rates

Mortgage Introducer

September 10, 2015

Headline rates include a 90% loan-to-value 2-year fix at 2.39% and 5-year fixes at 2.69% to 80% LTV and 2.89% to 85% LTV, all with a £1,300 product fee.

David McCreadie, managing director, banking, at Tesco Bank, said: “We are pleased to launch our new 2-year and 5-year fixed rate mortgage products which are among the most competitive on the market, and further widens the options available to customers looking to take the next step on the property ladder.”

Tesco customers can collect Clubcard points for every £4 spent on monthly payments.

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