Mortgage Intermediaries

For mortgage intermediary use only

News

Product Change03 Jul 2017

We will be launching a new mortgage product range at 8am on Wednesday 5 July 2017.We will be launching a new mortgage product range at 8am on Wednesday 5 July 2017.

What’s happening:

* 90% and 95% LTV products re-introduced.
* 2 year fixed 60% £0 fee remortgage product rate increased.
* 2 year fixed 75% £995 fee house purchase product rate increased.


Pipeline cases for the current products being withdrawn, dated Tuesday 6 June 2017, must be fully submitted and fees paid by midnight on Tuesday 4 July 2017 in order to qualify for the chosen product.


Full product details are outlined in the forthcoming rates PDF, 294kb.

One to one with Mortgage Solutions19 June 2017

Mortgage Solutions Features Editor, Owain Thomas, recently interviewed our Director of Mortgages, Julian Hartley to discuss our first year in the mortgage intermediary market and what the future may hold.Mortgage Solutions Features Editor, Owain Thomas, recently interviewed our Director of Mortgages, Julian Hartley to discuss our first year in the mortgage intermediary market and what the future may hold.

There was lots to discuss, enough for two videos in fact.

In the first video Mortgage Solutions asked why we’d moved into the mortgage intermediary market, what’s developed throughout our first year and what we have to offer that’s different from other lenders, watch it here.

In the second Owain asks about the feedback we’ve received from intermediaries, about retention and retention procuration fees and what’s coming next for Tesco Bank in regard to mortgage intermediaries. You can view video two here.

Accolades for simple yet delightful site6 June 2017

In a recent review of the best and worst online experiences of 19 major mortgage intermediaries by financial experience design agency Dock9.In a recent review of the best and worst online experiences of 19 major mortgage intermediaries by financial experience design agency Dock9. We’re delighted to have scored full marks for best intermediary mortgage provider online experience.

Dock9’s review said it was due to the “simple yet delightful site full of modern UI patterns. Tesco truly sets the bar for other intermediaries to follow in this space.”

The review is a positive testament to the work that was carried out before launching in to the intermediary market in 2016 where several rounds of research and user testing helped us to develop the website and application that we have today.

Product change2 Jun 2017

We will be launching a new mortgage product range at 8am on Tuesday 6 June 2017.We will be launching a new mortgage product range at 8am on Tuesday 6 June 2017.

What’s happening:

* 5 year fixed 60% LTV £995 fee remortgage product rate reduced to 1.68%
* 2 year fixed 60% LTV £0 fee remortgage product rate reduced to 1.53%
* All 90% LTV and 95% LTV products withdrawn
* End dates for all remaining products are extended to 30th September of the relevant year.

Pipeline cases for the current products being withdrawn, dated Tuesday 23 May 2017, must be fully submitted and fees paid by midnight on Monday 5 June 2017 in order to qualify for the chosen product.

Full product details are outlined in the forthcoming rates PDF, 294kb.

Mortgage Advice Bureau recognises Tesco Bank as best newcomer15 May 2017

On Thursday 4 May we were announced as Mortgage Advice Bureau’s Best Lender - Newcomer.On Thursday 4 May we were announced as Mortgage Advice Bureau’s Best Lender - Newcomer.

Mortgage Advice Bureau, announced its 2017 top lenders, partnerships and mortgage advisers at its annual conference where we were thrilled to take home the best newcomer award just weeks after celebrating our first year in the intermediary market.

The event, which was held at The Curve in Leicester, was hosted by technology journalist and presenter of The Gadget Show, Georgie Barat and included a day full of debate and presentations around technology and innovation in the sector.

MAB CEO Peter Brodnicki said; “We are thrilled to be able to acknowledge the achievements and contributions of our lenders, advisers, businesses and partners. The Mortgage Advice Bureau Awards are an opportunity for us to give recognition to those who have demonstrated outstanding dedication and expertise in their field.”

Director or Mortgages, Julian Hartley said, “We’re delighted with the award win and looking forward, we will continue to look for new opportunities to further improve what we do; to deliver smoother, quicker decisions, and will continue to offer great service, useful features and highly competitive mortgage products.

Our first year18 April 2017

We’ve been providing mortgages since 2012, and last year we entered the mortgage intermediary market with an online portal designed with both you and your customers in mind.We’ve been providing mortgages since 2012, and last year we entered the mortgage intermediary market with an online portal designed with both you and your customers in mind.

We’re really pleased with how far we’ve come, so thank you for all your support and feedback.

We asked our Director of Mortgages, Julian Hartley, to share his thoughts on year one and how we’ve developed the service so far, with your help.

View the video.

Product change13 April 2017

Tesco Bank’s first UK Home Buyers Survey results3 April 2017

Product rate change6 March 2017

Planned Maintenance 23 February23 February 2017

Product rate change30 January 2017

New firms added to mortgage broker panel17 January 2017

Product rate change10 January 2017

Panel management and conveyancing changes21 November 2016

Planned Maintenance 20 November18 November 2016

Product Change04 Nov 2016

Product Change13 October 2016

Product change04 October 2016

Product change26 September 2016

Product change12 September 2016

Product change9 August 2016

Mortgage offer validity extended to six months4 August 2016

Product change29 July 2016

Product change11 July 2016

Product change13 June 2016

Product change25 April 2016

When it comes to improving the mortgage process, every little helps18 April 2016