Principality Building Society to reduce selected acquisition mortgage rates

As of tomorrow, Tuesday 21st November, Principality Building Society will be launching an updated mortgage acquisition product range.

In its residential mortgage range, the society will be decreasing rates across select 75% loan-to-value (LTV) products by up to 0.10%, 80% LTV products by up to 0.08% and 85% LTV products by up to 0.11%.

In addition, select 90% LTV products will see reductions of up to 0.15% and 95% LTV products will be reduced by up to 0.10%.

As for its buy-to-let offering, Principality will be decreasing rates across a number of 60% LTV products by 0.10%, 70% LTV products by 0.15% and 75% LTV products by 0.10%.

These changes will come into effect from 9am tomorrow, Tuesday 21st of November.