Principality Intermediaries has made rate reductions of up to 0.25% across two-, three- and five-year residential mortgages.

Within the lender’s residential mortgage range, two-, three- and five-year fixed 80% loan-to-value (LTV) mortgages have been lowered by up to 0.25%.

In addition, two- and five-year fixed 80% LTV joint borrower sole proprietor mortgages have also been reduced by up to 0.25%.

Meanwhile, the lender has also made cuts within its residential cashback mortgage range.

Two- and five-year fixed 65% LTV cashback mortgages have been lowered by up to 0.18% while two- and five-year 80% LTV cashback mortgages have been reduced by 0.20%.