Principality cuts residential fixed rates

Principality Building Society has cut rates on its two, three and five year fixed mortgages, with initial rates now starting from 1.75%.

Related topics:  Mortgages
Rozi Jones
19th January 2017
calculator rates mortgage house

The Society has reduced rates up to 80% and 85% LTV, with all rates offering no product fees and free standard valuations, with re-mortgage customers also benefiting from free legal fees.

Principality Building Society accepts up to four people per mortgage application using all four incomes. It also lends to customers who want holiday lets at buy-to-let rates.

Principality’s Head of Regulatory Sales, Shaun Middleton, said: “We want to provide our intermediaries opportunities to engage with their clients to talk about their mortgage requirements. This is why we’ve reduced the rates across these higher loan-to-value fixed rate products”.

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