According to the lender, the new rates include "some of the most competitive mortgage products available" - 0.98% for the 60% LTV 2 year tracker with £1,495 product fee; 1.92% for the 60% LTV fixed for 5 years with no product fee; and 2.12% for the 75% LTV fixed for 5 years with no product fee.
David McCreadie, Managing Director at Tesco Bank, commented: “We are pleased to introduce our new reduced rates on a selection of our 2, 3, 5 year and tracker mortgage products to help customers buy or remortgage their home. Alongside our competitive rates, we also offer customers the unique added benefit of collecting Clubcard points on their mortgage repayments."
