Principality Building Society is launching a new mortgage acquisition product range.

The lender is reintroducing residential two-year fixed rates at 75% LTV and 90%.

It is also reducing selected resi rates by up to 0.86%, 95% LTV products by up to 0.27% and 90% LTV joint borrower sole proprietor (JSBP) products by up to 0.51%

Finally, Principality is decreasing buy-to-let rates by up to 0.47%.

It will also be launching a new additional borrowing product range on 1 October.