Tesco Bank and Tesco Mortgage Intermediaries: has announced two new five year fixed rate products as well as 2 year, 3 year and 5 year fixed rate reductions. The bank’s managing director relates that they have taken notice in customers wanting more long-term fixed rate mortgages and that is why they have offered these products. Customers can also accumulate ClubCard rewards on these products using them to travel and eat out. The different products and rates can be found here.
Key Takeaways:
- Tesco Bank has unveiled a great new 5 year mortgage product. Their customers have commented on the utility of these mortgage products.
- The industry is also taking a renewed look at Tesco Bank. The corporation is renowned for some of its great ideas too.
- They are making news and attracting new customers along the way. A brand new 5 year fixed rated mortgage product is perfect for them.
“Tesco Bank has announced this morning that it has launched two new 5 year fixed rate remortgage products as well as reducing the rates across a selection of its 2 year, 3 year and 5 year fixed rate house purchase and remortgage products.”