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Saturday, March 24, 2018

Tesco Bank

Tesco Bank launches new mortgage product range

Tom Belger | 3:10 Friday 2nd March 2018

Tesco Bank has released new mortgage products, including a five-year fixed rate offering.

It is also reducing rates on its two-year, three-year and five-year fixed rate house purchase and remortgage products.

Meanwhile, a highlight of the latest range includes a five-year fixed rate mortgage at 2.11%.

Julian Hartley, director of mortgages, savings and loans at Tesco Bank, said it was delighted to be launching a new range of mortgage rates.

“This new range illustrates our continued commitment to offering our customers great value products they can rely on.

“As an extra little help, Tesco Bank mortgage customers can also collect clubcard points on their monthly mortgage repayments, giving them access to a great range of clubcard reward partners.”

All products will move on to the Tesco Bank standard variable rate (currently 4.04%) at the end of the initial fixed rate period.

Early repayment charges may apply during the initial fixed rate period.

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