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Principality cuts mortgage rates

Principality Building Society has reduced rates across some of its buy-to-let mortgage products by 0.1% in a concerted effort to win more business from landlords.

The Society’s buy-to-let products range now starts from 2.2% up to 60% loan-to-value with no fee and 2% with a £895 fee.

The alterations made to the buy-to-let mortgage products form part of a wider selection of cuts across the lender’s residential, affordable housing and Help to Buy Wales ranges.

Shaun Middleton, head of regulated sales at Principality BS, commented: “We are reducing our rates to help our customers prosper in their homes and to provide our intermediaries with additional opportunities to engage with their clients to talk about their mortgage requirements.”

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