Principality Intermediaries has announced that its newly updated mortgage product range will go live on its website at 9:00am on Monday, 4th August 2025.
As part of this transition, the current range of products will be withdrawn from availability at 5:00pm on Sunday, 3rd August 2025.
The revised range includes both rate reductions and increases across a variety of residential, buy-to-let, holiday let, Shared Ownership, and Help to Buy Wales products.
Among the rate decreases, the 5-year fixed residential product at 80% loan-to-value (LTV) with a £1,395 product fee will see a reduction of 0.04%.
In the cashback category, the 2-year fixed residential product at 65% LTV will decrease by 0.03%, and the 5-year fixed product at 80% LTV will reduce by 0.02%.
However, a number of products will experience rate increases. Residential mortgages will see the most significant adjustments.
For example, 2-year fixed products at 65% LTV will increase by up to 0.07%, while 5-year fixed products at 65% LTV will rise by up to 0.10%.
Similar increases will apply across various LTV tiers, including 75%, 80%, 85%, 90%, and 95%, with the largest increase of 0.28% affecting the 5-year fixed residential products at 95% LTV.
Cashback residential products will also see increases, with the 2-year fixed at 90% LTV rising by 0.12% and the 5-year fixed at 90% LTV increasing by 0.09%.
Joint Borrower Sole Proprietor (JBSP) products will also see rate changes, with increases ranging from 0.03% to 0.07% across 75%, 80%, 85%, and 90% LTV bands.
In the Shared Ownership category, both 2- and 5-year fixed products at 95% LTV will see a 0.10% rate increase.
The Help to Buy Wales 5-year fixed product at 75% LTV will also increase by 0.10%.
Buy-to-let products are also affected. The 5-year fixed options at 60%, 70%, and 75% LTV will rise by up to 0.07%, 0.05%, and 0.05% respectively.
Finally, for holiday let products, both 2- and 5-year fixed deals at 60% and 75% LTV will increase by up to 0.05%.
Principality Intermediaries has encouraged brokers to review the upcoming changes and ensure that any applications for the current range are submitted before the withdrawal deadline of 5:00pm on Sunday, 3rd August.
