Tesco on track to offer mortgages in 2011
Tesco has revealed that they are on track to launch its mortgage proposition this year. The supermarket says that its Core Tier 1 capital ratio has risen substantially to 15.9% at the year-end.
Tesco announced plans to launch in to mortgages in April 2010 and joined the Council of Mortgage Lenders as an associate member is November 2010.
April 21, 2011