Principality cuts fee free residential rates

Other rates stand at 1.80% to 85% LTV fixed for two years, 2.30% to 85% LTV fixed for three years and 2.45% to 85% LTV fixed for five years.

Principality cuts fee free residential rates

Principality Building Society has cut a selection of fixed rate mortgages with no product and free standard valuations – as rates now start at 1.75% to 80% loan-to-value for a 2-year fix.

Other rates stand at 1.80% to 85% LTV fixed for two years, 2.30% to 85% LTV fixed for three years and 2.45% to 85% LTV fixed for five years.

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.”

Remortgaging customers get free legals, while the society accepts up to four people per mortgage application using all four incomes.