Tesco Bank reduces selected fixed rate products

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

Related topics:  Finance
Warren Lewis
12th January 2017
Tesco
"At Tesco Bank, we want to make it easier for customers to take the next steps on the property ladder"

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.“

More like this
Latest from Financial Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.