Tesco Bank launches new mortgage rates

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Tesco Bank has added a range of new two, three and five-year fixed rate mortgage products for home buyers to its offering.

The new rates include:

– 1.89% for the 60% LTV fixed for five years with £995 product fee
– 2.14% for the 60% LTV fixed for five years with no product fee
– 1.94% for the 80% LTV fixed for two years with no product fee
– 2.13% for the 85% LTV fixed for two years with no product fee

David McCreadie, managing director at Tesco Bank, said: “We want to make it easier for customers to buy their home, and our new selection of competitive mortgage rates helps to make a new house purchase more affordable for customers as they take their next steps on the property ladder.”

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