Tesco Bank launches its lowest ever five-year fixes

Tesco Bank has cut rates across its fixed rate products and launched its lowest ever five-year fixed rates.

Related topics:  Mortgages
Rozi Jones
27th April 2016
tesco bank shop

Five-year fixed rate products include:

- 2.24% for the 60% LTV with no product fee
- 2.44% for the 75% LTV with £800 product fee
- 2.53% for the 80% LTV with £800 product fee
- 2.74% for the 85% LTV with £800 product fee

Last week, Tesco Bank launched its new intermediary service, Tesco Mortgage Intermediaries.

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

“We want to make it easier for customers to buy their home, and our new reduced mortgage rates not only helps to make this more affordable, but having them available through brokers further widens the options open to customers looking to take the next step on the property ladder.”

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