Tesco Bank widens broker distribution


Tesco Bank has widened its distribution after launching into the broker market last month.

From today the lender offers its range through First Mortgage Direct, Alexander Hall, Savills Private Finance and Springtide Capital.

Tesco Bank, which launched through London & Country last month, will add the remaining panels on Legal & General’s Nouveau panel in the coming months.

Tesco Bank managing director David McCreadie says: “We want to help as many customers as possible buy their home. The vast majority of Tesco customers now select their mortgage with the help of a broker, and I am delighted that following last month’s successful launch of our intermediary service, we are now extending our distribution to make Tesco mortgages available to even more customers.”