Tesco cuts rates on high LTVs

Other rates include:

• 1.89% for the 85% LTV fixed for 2 years with £1,300 product fee

• 1.69% for the 80% LTV fixed for 2 years with £1,300 product fee

David McCreadie, managing director of banking at Tesco Bank, said: “We are pleased to launch our new 2-year fixed rate mortgage products which further widen the options available to customers looking to take their first or next step on the property ladder.”