Principality Intermediaries has announced a series of mortgage rate reductions across its residential, cashback, new build and buy-to-let ranges, effective from 9am tomorrow, Tuesday 28th October.
The current range will be withdrawn at 5pm today, Monday 27th October.
The updated products include reductions of up to 0.15%, with rate cuts applied across a variety of loan-to-value (LTV) bands and product types.
In the residential range, rate decreases include cuts of up to 0.12% on 2-year fixed products at 75% LTV, 0.10% on 2-year fixed products at 90% LTV, and 0.10% on 5-year fixed products at 95% LTV.
Products at 65%, 80% and 85% LTV have also seen smaller reductions.
Residential cashback products are also being reduced, with rates falling by up to 0.10%, while the New Build Help to Buy (Wales) 2-year fixed at 75% LTV has been cut by 0.15%.
In the buy-to-let range, the 5-year fixed product at 60% LTV with a £1,395 fee has been reduced by 0.15%.
The lender said the changes reflect its continued commitment to offering competitive pricing across its mortgage range for brokers and their clients.
The updated rates will be available on the Principality Building Society website from 9am tomorrow.
