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Principality Building Society trims lending rates

Principality Building Society has introduced marginal rate cuts across some of its buy-to-let mortgage products.

The cuts include the 75% loan-to-value (LTV) holiday let product, which is now offered at a rate of 2.99%.

Other reductions include the 70% and 75% LTV five-year BTL products, which have been cut by up to 0.09%.

Morgan Miles, senior product manager of mortgages at Principality Building Society, commented: “We’re delighted to be offering reduced rates across our mortgage product range, as well as market leading pricing on the 75% LTV holiday let product.

“We hope these changes will help support both our broker partners and customer’s needs.”

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