Finance

Tesco Bank reduces selected fixed rate products

|
12th January 2017
"At Tesco Bank, we want to make it easier for customers to take the next steps on the property ladder"

Tesco Bank has announced that it has reduced rates across a selection of its 2 year and 5 year fixed rate mortgage products.

According to the bank, the new rates are among some of the most competitive available will include 1.58% for the 60% LTV fixed for 2 years with no product fee, 1.89% for the 80% LTV fixed for 2 years with no product fee, 1.88% for the 60% LTV fixed for 5 years with £995 product fee and 1.48% for the 80% LTV fixed for 2 years with £995 product fee.

David McCreadie, Managing Director at Tesco Bank, commented:“At Tesco Bank, we want to make it easier for customers to take the next steps on the property ladder. We’re delighted to kick-start 2017 by reducing the rates on a selection of our mortgage products, helping to make it more affordable for customers to buy or remortgage their home.“

Related articles
More from Finance
Latest from Financial Reporter
Latest from Commercial Reporter