Wales’ largest building society has announced reductions on its two, three and five year fixed rate residential mortgages up to 80% and 85% LTV, with initial rates starting from 1.75%.
This reduced range of fixed rate residential mortgages all offer no product fees and free standard valuations, with re-mortgage customers also benefiting from free legal fees.
Shaun Middleton, Principality’s head of regulatory sales, 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”.