Principality BS cuts resi, landlord rates by up to 25bps Mortgage Strategy

Img

Principality Building Society will cut selected residential and landlord home loan rates by up to 25 basis points from tomorrow (25 October). 

The mutual’s residential reductions cover: 

  • Selected 75% loan-to-value products down by up to 18bps 
  • Selected 80% LTV offers down by up to 20bps 
  • Selected 85% LTV deals down by up to 25bps 
  • Selected 90% LTV loans down by up to 20bps 
  • 95% LTV five-year products down by up to 10bps 
  • 75% Help to Buy Wales two-year offers down by 25bps 
  • 90% joint borrower sole proprietor two-year products down by 20bps 

Its buy-to-let cuts cover: 

  • Selected 60% LTV deals down by 12bps 
  • 60% LTV five-year holiday let offers down by 15bps 

The lender says its range continues to hold February end dates. 

It adds that relevant loans will be pulled from sale at 8pm today. 


More From Life Style