Tag: Principality Building Society

Principality cuts rates

All four products include a free standard valuation and free legals.

ULS has agreed to provide Principality with eConveyancer.

Net retail mortgage lending rose by £285.6m in the first six months of this year, bringing total assets to more than £10bn for the first time in the building society’s history

Cardiff Crown Court heard that Claire Free used a “senior managerial role” at the society at which she had worked for 23 years, to forge letters from a dead customer to take their savings.

They said its MSO will make the mortgage journey simpler for Principality’s brokers and customers.

Paradigm member firms will be able to access the Principality’s range of mortgage products which covers residential, buy-to-let and holiday let.

The typical price in Wales is now £185,018.

The change in lending policy comes after a surge in enquiries from both professions.

Available immediately to DAs belonging to the Club, the products have a maximum loan value of £350,000, a free valuation and no arrangement fees.

It has also raised the acceptable maximum age of applicants from 75 to 85 years old. Holiday let customers will also now be permitted to borrow on two properties rather one.