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Principality Update

Here is the latest update from the Principality Building Society.  For full details see their latest product information here.   Criteria information is available here. Access these product via our direct to lender mortgage club and get the benefits of payment on completion. 

Principality Announcements

We’ve made some changes to our range

As of today, Monday 8th March 2021 at 9:00am, we’ve made some changes to our mortgage range. Please see details below:

Residential mortgage products:

We’ve introduced the following Help to Buy Wales products:

  • 75% LTV Help to Buy Wales 2 year fixed rate at 3.20% (Product code: 15211)
  • 75% LTV Help to Buy Wales 5 year fixed rate at 3.25% (Product code: 15212)

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As of today, all cases will need to be submitted via our new Mortgage Sales and Origination platform. If you haven’t already, register to our new MSO platform using this link Register for MSO

On Monday 15th March 2021 at 9:00am we’re making some changes to our mortgage range. Please see details below:

Residential mortgage products:

We’re reducing rates on the following residential products:

  • rates across our 65% and 80% LTV fixed rate products will be reducing by up to 0.11%
  • rates across our 85% LTV fixed rate products will be reducing by up to 0.30%

We’re introducing the following products:

  • two 75% LTV Help to Buy England products fixed for 2 and 5 years at 3.20% and 3.25% respectively
  • six fee-based products across the 65%, 75% and 80% LTV product ranges

Buy to Let mortgage products:

We’re increasing rates on the following buy to let products:

  • rates across our 60% LTV fixed rate products will be increasing by up to 0.11%

We’re introducing the following products:

  • six fee-based products across the 60%, 70% and 75% LTV product ranges
  • one discount rate and two fixed rate 75% LTV products in the buy to let product range
  • two 75% LTV fixed rate products in the holiday let product range

The range will hold August end dates.

All previous product codes will be removed from sale on Sunday 14th March at 8:00pm.

 

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