Here is the latest update from the Principality Building Society. For full details download/ see their latest product bulletin 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 removed minimum income and owner occupier requirements from our holiday and buy to let mortgages
As a valued network partner we don’t want you to miss out to miss out on our latest mortgage criteria updates.
We’re delighted to tell you that, following broker feedback, we have now removed the minimum income requirements for both holiday let and buy to let mortgages and now accept non-owner occupiers for both these types of mortgages.
Improving our HL and BTL criteria will provide more options and flexibility when searching for suitable mortgage products for your clients.
These criteria changes are live now…but the changes to our online application system, MSO, are still in development.
We’re here to help
If your application on MSO is declined please contact your local BDM.
They’ll sort it for you. You can find their contact details here.
They are usually available from 9am until 5pm every weekday.