Last week, Tesco reduced rates on a selection of its two and five-year fixed rate mortgage products.
Two-year fixed rates are now available from 1.58% at 60% LTV and 1.89% at 80% LTV, both with no product fee.
A two-year fix at 80% LTV is available from 1.48% with a £995 product fee. Five-year fixed rates now start from 1.88% at 60% LTV with a £995 product fee.
David McCreadie, Managing Director, Tesco Bank, said: “In 2017 we are continuing our commitment to help as many customers as possible to buy their own homes. The vast majority of Tesco Bank customers now select their mortgage with the help of a broker, and I am delighted to announce that First Complete and Pink have been added to our mortgage broker panel. With these additions it will help to ensure that Tesco mortgages are now available to even more customers.”
Karen Hedges, mortgage manager at First Complete & Pink, added: “We are delighted to announce the addition of Tesco Bank to our networks, highlighting once again our determination to give our brokers access to a range of mainstream lenders. Best customer outcomes is always a priority when we review our panels, and we hope that this partnership will help to serve an even greater number of borrower’s needs.”
