Monday, December 4, 2023

Principality tweaks rates on resi and BTL deals – Mortgage Strategy

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Principality is launching (21 November) an updated mortgage acquisition product range.

For residential mortgage changes Principality are decreasing the rates on the following products:

  • Select 75% LTV products by up to 0.10%
  • Select 80% LTV products by up to 0.08%
  • Select 85% LTV products by up to 0.11%
  • Select 90% LTV products by up to 0.15%
  • Select 95% LTV products by up to 0.10%

For buy to let mortgage changes, the lender is decreasing the rates of the following BTL products:

  • Select 60% LTV product by 0.10%
  • Select 70% LTV product by 0.15%
  • Select 75% LTV product by 0.10%

The range will continue to hold February end dates.

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