Principality ups max remortgage LTV to 90% LTV

The 90% LTV mortgage products include a 2, 3 and 5 year fixed rates.

Principality ups max remortgage LTV to 90% LTV

Principality Building Society has increased its maximum loan-to-value from 85% to 90% for remortgagors.

There are 2, 3 and 5-year fixed rates to 90% LTV.

Shaun Middleton, its head of regulatory sales and intermediary sales, said: “The increase in LTV is a response to growing demand from our brokers.

“This will be particularly useful for first time buyers who bought with a smaller deposit and are now looking for a lower rate at the end of their current deal.”