Principality Intermediaries is set to introduce a series of rate reductions across its mortgage range, effective from 9am on Wednesday 19th November.
The lender’s current range will be withdrawn at 5pm today, Tuesday 18th November.
The changes include decreases across selected residential, Joint Borrower Sole Proprietor (JBSP) and buy-to-let (BTL) products.
Residential reductions include cuts of up to 0.05% on 65% loan-to-value (LTV) 2- and 5-year fixes, a 0.03% reduction on a 75% LTV 2-year fix without fees, and reductions of up to 0.06% across 80% and 95% LTV products.
JBSP 2-year fixes at 75% and 80% LTV will fall by 0.03%.
In the buy-to-let range, 5-year fixed products at 60% and 70% LTV without product fees will reduce by 0.05% and 0.10% respectively.
