Tesco Bank unveils new fixed rates

Tesco Bank mortgages

Tesco Bank has refreshed its mortgage range.

New deals include two and three-year fixed rate, 85% LTV products at 2.99% and 3.39% respectively.

In addition, customers taking out a mortgage with Tesco Bank will also receive a ‘thank you’ with Clubcard points as they repay their mortgage, collecting one point for every £4 on their monthly mortgage repayments.

David McCreadie, managing director of banking at Tesco Bank, said: “Today’s rate changes illustrate our commitment to continually offer customers a strong choice of products from a highly competitive range.

“The new range includes some great products including a new fixed rate saver for those customers looking for a good rate over the longer term and our most competitive 85% LTV mortgage yet.”

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