Principality Intermediaries is set to reduce rates across its mortgage range, effective from tomorrow (Wednesday 26th February).
Selected fixed-rate residential mortgage products will see 2-, 3-, and 5-year fixed 65% loan-to-value (LTV) products reduced by up to 0.06%, and 2-, 3-, and 5-year fixed 75% LTV products reduced by up to 0.06%.
In addition, 2- and 5-year fixed 80% LTV products will be reduced by up to 0.03%, a 2-year fixed 95% LTV product will be reduced by up to 0.60%.
The society’s 5-year fixed 95% LTV product will be reduced by up to 0.15%, while its 2-year fixed 65% LTV product (with £1,499 product fee) will see a reduction of 0.11%.
Joint Borrower Sole Proprietor (JBSP) mortgages will also see reductions, with 2- and 5-year fixed 75% LTV JBSP products reduced by 0.06% and 2- and 5-year fixed 80% LTV JBSP products reduced by 0.03%.
Residential mortgages with cashback will also benefit from decreases, including the 2-year fixed 65% LTV product reduced by 0.10%, the 2-year fixed 75% LTV product reduced by 0.10%, and the 2-year fixed 80% LTV product reduced by 0.04%.
