Principality increases maximum remortgage LTV to 90%

Principality Building Society has increased its maximum loan-to-value from 85% to 90% for customers remortgaging to the Society

Related topics:  Mortgages
Rozi Jones
4th July 2017
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"The increase in LTV is a response to growing demand from our brokers."

The 90% LTV mortgage range include two, three and five-year fixed rates starting from 2.20%.

Principality Building Society’s Head of Regulatory Sales and Intermediary Sales, Shaun Middleton, said: “The increase in LTV is a response to growing demand from our brokers. This will be particularly useful for first time buyers who bought with a smaller deposit and are now looking for a lower rate at the end of their current deal.”

Last month, the Society’s intermediaries division has expanded its business development team to support directly authorised brokers across England and Wales.

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