Principality BS to reprice selected mortgage rates

Principality Building Society will remove its current range of product transfer and acquisition products at 8pm on Saturday 30th September.

The withdrawn products will be replaced by a new range, with reductions across most of the society’s residential and buy-to-let (BTL) products launching at 9am on Sunday 1st October.

It will also reintroduce its 2-year fixed 75% loan-to-value (LTV) residential mortgages plus its 2-year fixed 90% LTV residential mortgage.

Principality is also changing the stress rate for is Holiday Lets products from 7.65% to 8.60% from Sunday 1st October.

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