Principality Intermediaries is set to make changes to its residential mortgage range, with rate increases coming into effect from Thursday, 22nd May.
The adjustments will impact selected residential mortgage products.
Specifically, the lender is increasing rates on its 2- and 5-year fixed rate products at 65% loan-to-value (LTV) by 0.07%, and its 5-year fixed rate product at 75% LTV by 0.04%.
In addition, changes are being made to selected residential mortgage products that include cashback.
The 5-year fixed rate product at 65% LTV will see a rate increase of 0.10%, while the 5-year fixed rate product at 75% LTV will rise by 0.12%.
These changes reflect ongoing adjustments within the mortgage market and will apply to new applications received from 22nd May onwards.
