Tesco Bank is offering new 95% and 90% loan to value (LTV) deals, available for both house purchases and remortgages.

It means the lender now offers five-year fixed rates of 3.78% at 95% LTV, as well as 2.57% at 90% LTV, and both deals are fee-free.

At the same time, Tesco has reduced rates across a number of other mortgages, offering a fee-free two-year fix of 1.9% at 60% LTV.

Julian Hartley, director of mortgages, savings and loans at Tesco Bank (pictured), said: “We are delighted to launch a new range of mortgage products, while also reducing a number of our mortgage rates.

“This illustrates our continued commitment to offering our customers great value products that they can rely on.”

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New mortgages from Leek United Building Society

Leek United Building Society is to launch a range of discounted mortgages, which will be available from July 6.

As part of the range, the lender will offer a two-year discounted rate of 1.24% at 60% LTV and a two-year discounted rate of 1.34% at 75% LTV.

There will also be a two-year 75% LTV interest-only mortgage rate discounted to 1.49%.

Clare Beardmore, Leek United’s head of mortgage sales, said: “Our new mortgages include six brand new products, as well as changes to the society’s existing portfolio.

“We have reduced the rates and removed fees on several mortgages – and there are some great offers to be had.”