Ready to apply for a mortgage? Let's get you started.

We want your application to be easy as possible. So before you apply, please run through this checklist and double check that you have all the information we'll ask for and can answer the questions we'll ask you. It'll save time now and effort later on.


About you

Please check that these statements apply to you

  • Your annual household income is more than £20,000
  • You have a good credit history
  • You are a permanent UK resident and/or have indefinite right to remain in the UK
  • You are over 18 years of age
  • You'll be less than 75 years of age when your mortgage ends


Your deposit / equity

Properties older than two years

Check that you have at least the minimum deposit or equity from your current property to apply for a Tesco Bank mortgage.

The amount you want to borrowMinimum deposit / equity
Up to £500,00015% of the property value
Up to £750,00020% of the property value
Up to £1,000,00025% of the property value

New build properties

Check that you have at least the minimum deposit / equity from your current property to apply for our mortgages.

We define new build as new, newly converted and previously unoccupied properties built within the last two years.

Property typeAmount to be borrowedMinimum deposit / equity
HouseUp to £500,00015% of the property value
HouseUp to £1,000,00020% of the property value
FlatUp to £1,000,00025% of the property value

About your mortgage

Please check that you can answer yes to these statements

  • You don't want a Buy to Let mortgage, or a mortgage to purchase a property that’s part of the Right to Buy, Shared Ownership or Government Help to Buy schemes — we currently don’t offer mortgages for these purposesNot sure what these mortgage purposes are?
  • You want a mortgage of between £40,000 and £1,000,000
  • You want a capital and interest (repayment) mortgage
  • You want a mortgage for a minimum term of 3 years and a maximum term of 40 years
  • A second charge mortgage is not secured on the property to be mortgaged

About your property

Please check that we offer a mortgage for your property

  • The property you want a mortgage for is in the UK and will be your main home
  • If you’re remortgaging - do the name(s) on the mortgage application match that/those of the registered owner(s) of the property, as set out in the title deeds? This applies to both single and joint applications

New home warranty schemes we accept

For new build properties, the property must be covered by a new home warranty scheme from our acceptable list. We are unable to accept architect/surveyor certificates.

We define new build as new, newly converted and previously unoccupied properties built within the last 2 years.

Our accepted new home warranty schemes:

  • NHBC
  • Zurich Municipal, provided there is already a warranty in place or the property is on a development which has already commenced (in both cases, Zurich must confirm that it will honour the warranty)
  • Premier Guarantee
  • Building Life Plan (BLP)
  • LABC New Home Warranty
  • Castle 10 New Home Warranty - provided by Checkmate
  • Build-Zone
  • CRL Management Ltd
  • The Q Policy for Residential Properties
  • The Q Policy for Bespoke Properties (detached only)

Ways to apply

You'll save time when applying if you have this information ready

  • Details of the property – we need to know the year the property was built and how it’s constructed, for example, with brick or stone
  • Your financial commitments and monthly expenditure (basically your income and outgoings). It’s important the figures you give us are accurate. You may want to have loan or credit card statements handy, and it could be worthwhile writing a list detailing your monthly spending
  • If you’re remortgaging – we’ll need to know the details of your current mortgage

These downloads may also help you to prepare

Your home may be repossessed, as a last resort, if you do not keep up repayments on your mortgage.

Get advice from our experts free of charge

Our qualified mortgage advisers can recommend a mortgage product from our range that best suits your situation, free of charge, by phone.

Our UK-based Mortgage Team is available from 8am to 9pm on weekdays, and 9am to 4pm on Saturdays.

Call: 0345 217 2050

Minicom: 0345 055 0607

These numbers may be included as part of any inclusive call minutes provided by your phone operator.

Apply online without advice

If you’re happy to apply without advice, you can use our online non-advised (execution only) application.

Just so you know, Tesco Bank is not required to assess the suitability of the mortgage you apply for online, and you will not receive the same protection afforded to customers who use our advised service if you choose this route.

Things you should know

Mortgage purposes explained

  • Buy to Let — a process of buying a residential property in order to let it out to tenants.
  • Right to Buy schemes — allows some local authority tenants to apply to buy their home from their local authority at a reduced price.
  • Shared Ownership schemes — allows you to buy a share of your home, usually from a local authority or housing association (between 25% and 75% of the home's value), and pay rent on the remaining share. In addition we do not offer remortgages on ex-council properties.
  • Government Help to Buy schemes — under the scheme, borrowers with a deposit of between 5% and 20% can take advantage of an equity loan from the Government to purchase a new or existing property.