News releases

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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.

 
 
 

11 October, 2017

Tesco Bank launches dedicated New Build service for intermediaries

Tesco Bank is set to help more customers buy their home with the launch of a dedicated New Build service for intermediaries. The service offers intermediaries direct access to our dedicated mortgage team to ensure that new build applications are processed quickly to help make Tesco Bank’s award-winning mortgages available to more customers.

The new service, developed following feedback from intermediaries, is designed to provide brokers with one of the easiest and most convenient services available. Customers buying a new build home are often required to complete the purchase within a month or face financial penalty or losing their property.

Tesco Bank’s dedicated New Build service offers:

  • Access to a dedicated New Build team
  • Dedicated application case managers
  • Direct access to underwriters
  • Valuations instructed immediately upon submission
  • Access to the Tesco Bank intermediary platform

Julian Hartley, Director of Mortgages, Savings and Loans said:

We spoke to Intermediaries at length to develop our new service and they stressed that speed, certainty and accuracy were vital when serving customers who are purchasing a new build property.  By offering a dedicated team, with specialist case workers and access to underwriters we are confident that this service will be amongst the best available.

About Tesco Bank Mortgage Intermediary Service:

Tesco Bank Mortgage Intermediary Service includes a number of features to help brokers make transactions as straightforward as possible, including searchable lending criteria, and the ability to scan and upload documents and track the status of applications from any device. 

For media enquires or further information please contact:

Tesco Bank press office:

+44 (0)131 264 3152 / +44 (0)7841 456 956

Notes to Editors:

Tesco Bank Intermediaries can be accessed at https://intermediaries.tescobank.com/

Our dedicated New Build team can be contacted on: 0345 051 8465

The New Build Service launches on 12/10/2017

The following firms make up the Tesco Bank mortgage intermediary panel:

London and Country Mortgages Ltd, Alexander Hall Associates Limited, First Mortgage Direct Ltd, SPF Private Clients Limited, John Charcol Limited, Mortgage Advice Bureau Limited, Stonebridge Mortgage Solutions Ltd, Springtide Capital Limited, HL Partnership Limited, Openwork Limited, The Finance Planning Group Limited, First Complete Ltd, Advance Mortgage Funding Ltd, Andrews Estate Agents Limited, Charles Cameron and Associates Limited, Mortgage Intelligence Network Limited, Mortgage Next Network Limited, Life and Easy Limited, Knight Frank Finance LLP, Kingsgate Law Limited. 

About us:

Tesco Bank’s goal is to make banking and insurance easier and better value for people who shop at Tesco. We’ve been around since 1997 and today we help more than 5 million customers every day with everything from insuring their pets, to buying their first home.  Our 4,000 colleagues serve our customers seven days a week from our three main centres in Edinburgh, Glasgow and Newcastle, and we are also available through online and mobile banking 24/7. 

Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. 173199. Registered Address: EHQ, 2 South Gyle Crescent, Edinburgh, EH12 9FQ

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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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