Principality BS launches Help to Buy England range

"We hope that these products will help to support a wide range of borrowers including first-time and next-time buyers to own their home."

From the end of May, the Society will be offering five-year fixed-rates at 75% LTV with a free standard mortgage valuation.

Julie-Ann Haines, chief customer officer at Principality Building Society, said: “We hope that these products will help to support a wide range of borrowers including first-time and next-time buyers to own their home. This goal is one that is very close to our own hearts, helping people to prosper throughout their lives.

“We’ve responded to broker feedback by introducing Help to Buy England products to our range of intermediary mortgages. We are focused on growing our business and continually review the products that we are offering to ensure we are relevant in the market place and providing the products that clients are looking for.”

Craig Hall, new build manager at Legal & General Mortgage Club, added: “Help to Buy has now assisted almost 160,000 completions to date in England. It is great to see Principality extending its participation in the scheme and further support its commitment to the new build sector. This follows recent proposition improvements including; 6 plus 6 (months) offers and 90% LTV on new build houses and flats.”