Principality increases max loan size at 90% LTV

The new maximum loan size will be available for both residential purchase and remortgage applications.

Principality increases max loan size at 90% LTV

Principality has increased its maximum loan amount to £500,000 for residential mortgages up to 90% LTV across England and Wales.

The new maximum loan size will be available for both residential purchase and remortgage applications.

Emma Graham, Principality’s key account manager, said: “We have seen an increasing demand from our intermediaries for larger loan sizes.

“Therefore, our response was to change and help to expand our customer base whilst addressing a rise in property prices and a need for higher loan amounts.”