Tesco mortgage offer
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Money News |
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Tesco mortgage offer
Fri 10th Aug 2007
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The product is a two-year tracker which is set at 0.26 per cent below the base rate. After the first two years, it then tracks at 0.95 per cent above the rate, giving it an APR of 6.7 per cent.
Features of the mortgage include an arrangement fee of £599, a refunded valuation and free basic legal work.
The product is available on remortgages of up to 75 per cent and will be extended to Clubcard customers on a first-come, first-served basis.
"Saffron has secured our customers a market-leading mortgage which is available for a limited time only," claimed Colin Robertson, head of lending at Tesco Personal Finance.
The announcement follows the launch of another two-year tracker from the Co-operative Bank that will track the Bank of England's base rate minus 0.61 per cent.
Related News : Mortgages |
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Related News : Tesco |
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