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TODAY'S OTHER NEWS

Principality reduces rates across mortgage range

Principality Building Society has launched rates on over 20 products across its holiday let, buy-to-let and residential mortgage range.

The reductions include the 75% loan-to-value (LTV) holiday let product, which is now offered at 2.99%, the 70% and 75% LTV five-year buy-to-let products that have been lowered by up to 0.09%, and the ‘Joint Borrower Sole Proprietor’ five-year residential mortgage offering, reduced to 2.63%.

The Wales-based society lends across England and Wales and offers flexible lending criteria, including accepting first-time landlords and mortgage applications for new-build properties.

Morgan Miles, mortgages senior product manager, Principality Building Society says: “We’re delighted to be offering reduced rates across our mortgage product range, as well as market leading pricing on the 75% LTV holiday let product.”

“We hope these changes will help support both our broker partners and customer’s needs.”

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