New fixed-rate range launches at Tesco Bank

Tesco Bank has announced today that it has launched a new range of two, three, and five year fixed rate products for home buyers.

Related topics:  Finance
Warren Lewis
28th September 2016
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The range includes a five-year fix starting at 1.89% up to 60% LTV and two-year fixed rates from 1.94% at 80% LTV and 2.13% at 85% LTV.

David McCreadie, Managing Director at Tesco Bank, commented: “We want to make it easier for customers to buy their home, and our new selection of competitive mortgage rates helps to make a new house purchase more affordable for customers as they take their next steps on the property ladder.”

The Bank launched its first 95% LTV intermediary range in July.

Last month, Tesco extended its distribution to Openwork after adding First Mortgage Direct, Alexander Hall, Savills Private Finance and Springtide Capital to its broker service in May.

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