Tesco launches 85pc range

And 3-year and 5-year fixes will be available at 3.59% and 3.69% respectively with the 2-year tracker offered at 3.25%.

David McCreadie, managing director of banking, said: "We aim to be the financial services provider of choice for Tesco customers by providing great value, good service and rewarding loyalty. We are committed to lending responsibly and our highly competitive mortgage range is now accessible to even more Tesco customers.

"Our mortgage products combine all the hallmarks that customers expect and deserve from a Tesco Bank mortgage; great rates, competitive fees and the added thank you of Clubcard points."