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The information in this section is designed to provide journalists and bloggers with the latest news from Tesco Bank. If you are a customer looking for information on the products and services we offer, please visit our customer website.

 
 
 

13 September 2017

2.5 million UK home buyers pay too much for their mortgage

New analysis of the mortgage market by Tesco Bank reveals that up to 2.5 million UK home buyers may be over-paying on their mortgage as a result of slipping onto higher Standard Variable Rates (SVRs) at the end of their fixed rate period. With the typical SVR at 4.39% compared to the average 2 year fixed rate at 1.95%, these customers could be over-paying on their mortgage by up to £274 a month.

11 September 2017Tesco Bank launches new personal loan range
5 September 2017Tesco Bank Tour O The Borders hailed a success!
5 September 2017Tesco unveils Tesco Pay+
17 August 2017Tesco Bank introduces new market-leading 5 year fixed rate remortgage products
8 August 2017New Tesco Bank mobile app feature provides extra help to customers if their credit card is lost or stolen
27 July 2017Tesco Bank introduces new market-leading 5 year fixed rate remortgage products
4 July 2017Tesco Bank celebrates 20 years of serving Tesco shoppers
6 June 2017Tesco Bank introduces new market-leading 5 year fixed rate remortgage product
23 May 2017Tesco Bank introduces its lowest ever tracker rate mortgage

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Media team

For journalist enquiries only, contact the Tesco Bank Press Office on:

+44 (0)131 274 3630
+44 (0)7595 441 036

 

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