About – Tesco Bank
Our home loan brokers work singularly for you, not the lenders. Along these lines, be it a loan for your first home, new home, venture property, financing or refinancing, you'll discover their insight, experience and personal administration precious. Your Tesco Bank Adviser will:
- Listen to your needs
- compare the most suitable loans from lenders around the UK
- look at approaches to spare you considerably more
- provide master counsel so you can settle on certain choices
- handle negotiations, paperwork, barriers and points of interest.
When you utilize Tesco Bank, the lender you pick pays us a commission after settlement.
That implies you don't pay us for your consultant's administration and ability. So with Tesco Bank, you spare time, legwork, anxiety and cash. Also, you'll never think about whether you passed up a great opportunity for something better.
Purchasing property is energizing. Attempting to discover and orchestrate the loan you need all alone is not ideal. The methodology can be complex, baffling and lengthy.
Your Tesco Bank home loan merchant accomplishes more than simply discover you the right lender and loan. They're your gifted moderator, master guide and trusted comrade, close to you consistently. Securing a home loan today is often more troublesome than it was five or 10 years back. Thus, as a borrower, there's never been a superior time to have a Tesco Bank home loan specialist in your corner. Find all the vital profits of utilizing Tesco Bank.
Services – Tesco Bank
Altered home loans are, at first glance, exceptionally clear: the interest charged on your home loan is settled at a situated rate for a certain time of time, as a rule somewhere around one and five years.
They are best suited to those searching for assurance in their family unit budgets and who would prefer not to play Russian roulette with interest rates. The interest rate on an altered loan is generally marginally lower than a variable home loan rate.
These loans can be cash savers in times when interest rates are either high or unpredictable in any case, if interest rates drop, you can pass up a great opportunity for enormous funds.
Regardless of the way that interest rates have stayed comparatively low and steady lately, settled home loans have stayed well known, however maybe not as famous as variable home loans.
Numerous altered home loan items now likewise offer gimmicks and adaptability that can help you pay off your home loan faster, for example, additional reimbursements and redraw offices. However this can likewise be the place numerous people come unraveled. Verify and read the fine print carefully the same number of altered rate loans will permit you make additional reimbursements, top up your loan or refinance – however will charge you an expense for doing so.
When you're choosing if a settled home loan is a good fit for you, the most vital point to consider is to what extent you need to be bolted into an altered rate. Altered rates are accessible for somewhere around one and ten years yet the most prevalent term is three years.
In case you're undecided which approach to go, use Tesco Bank to offer assistance.
Summary of Services
- Online Debt Consolidation Loan
- Car Loans
- Personal loans
- Home loans
- Bad Credit Loans
Get a 95% Loan to Value Home Loan from Tesco BankTesco Bank has one of the most competitive home loan rates in the market and offers both fixed and variable interest rate home loans. We have 95% loan to value home loans available that give first time buyers to get a home loan with only 5% deposit. We provide home loans to both new and existing customers whether you're buying your first home, remortgaging or moving house, Tesco Bank has an affordable product to suit your needs and budget. We provide home loans of up to £1 million with a maximum loan term of 40 years. Available Home Loan Options at Tesco Bank • Fixed rate home loans for 2, 3 and 5 year periods with a comparison APR of between 3.6% and 4.0%, product fee £800 to £1300 depending on loan to value ratio chosen • Tracker mortgages for 2 year period with a comparison APR of between 3.8% and 4.0%, product fee £800 and £300 depending on loan to value ratio selected and booking fee of £195 • Fee saver range of fixed rate mortgages with a fixed rate for a period of 2, 3 and 5 years with 0 product fees and a booking fee of £195 • Fee saver tracker home loan for a period of 2 years with 0 product fees and booking fee of £195 Fetures of Tesco Bank’s Home Loans • Both variable and fixed rate home loans available • Market leading rates as low as representative 3.6% APR • Initial interest rates as low as 1.69% • Fee-free products available • 5% deposit home loans • Overpay up to 20% annually during the initial fixed or variable rate period • Earn Clubcard points • Apply online and receive a fast decision How to Apply for a Home Loan from Tesco Bank In order to apply for a home loan from Tesco Bank you must be aged 18 years or older, have an annual income exceeding £20,000 and be a resident of the UK. If your price range is below £300,000 you can qualify with a deposit of just 5 and for home loans of up to £500,000 a 10% deposit is required. You can then proceed to contact one of our mortgage advisors telephonically to get the ball rolling or visit our website and apply online.
Contact Details55 George Street
Phone: 0131 2257283 / (0) 131 479 1000
Postal AddressTesco Bank Loan Operations, PO Box 27014, Broadway One