Tesco Bank launches 2.39% FTB rate

Tesco Bank is cutting rates on its 2 year and 5 year mortgage products, with its new range offering a 2.39% two-year fix at 90% LTV.

Related topics:  Mortgages
Rozi Jones
10th September 2015
tesco bank shop

Other rates include a 2.69% five-year fix at 80% LTV and a 2.89% five-year fix at 85% LTV.

The range is available for first-time buyers, home movers and those looking to remortgage, who will also benefit from free standard legal fees and the first standard valuation.

David McCreadie, Managing Director, Banking at Tesco Bank, commented:

“We are pleased to launch our new 2 year and 5 year fixed rate mortgage products which are among the most competitive on the market, and further widens the options available to customers looking to take the next step on the property ladder.”

Tesco has announced plans to begin selling mortgages through intermediaries from early next year.

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

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.