Tesco launches 1.99% mortgage deal

AOL Money Staff
Tesco
Tesco

Competition in the mortgage market has increased further as Tesco Bank slashed its rates and launched a deal at below 2%.


Its new range includes a market-leading two-year fixed-rate mortgage at 1.99%, down from 2.64% previously, although borrowers need a hefty 40% deposit to take out the deal.
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