"We’re delighted to kick-start 2017 by reducing the rates on a selection of our mortgage products"
Tesco Bank has reduced rates on a selection of its two and five-year fixed rate mortgage products.
Two-year fixed rates are 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 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."