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Tesco Bank says it has no plans to lend above 80 per cent LTV as it believes there is little demand for higher LTV products among its customers.
The lender launched last week with a range of two, three and five-year fixed rates, and two trackers, with a maximum LTV of 80 per cent. The bank's long-awaited launch was delayed by IT problems.
Tesco Bank managing director David McCreadie says there was little demand...