Principality to reduce rates across residential, JBSP and holiday let ranges

Principality Intermediaries will introduce a refreshed mortgage range at 9am tomorrow, Tuesday 11th November 2025, with its current products being withdrawn at 5pm today, Monday 10th November.

The update includes a series of rate reductions across residential products, with cuts on 2-, 3- and 5-year fixed options at 65%, 75%, 80% and 85% loan-to-value (LTV).

Reductions include up to 0.10% on selected 2-year fixes at 65% and 75% LTV, and up to 0.08% on 5-year fixes at 75% LTV.

A 2-year fixed at 80% LTV with a £895 fee will fall by 0.05%, while the 2-year fixed at 85% LTV with no fee will reduce by 0.04%.

Residential products with cashback will also see reductions, with selected 5-year fixed products at 65% and 75% LTV falling by 0.07%.

Joint Borrower Sole Proprietor (JBSP) rates are decreasing too, including a reduction of 0.13% on the 2-year fixed at 75% LTV, and a 0.07% cut on the 5-year fixed at the same LTV.

The 2-year fixed at 85% LTV will reduce by 0.04%.

For Holiday Let borrowers, both 2- and 5-year fixed products at 60% LTV with fees will reduce by 0.11%.

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