Mortgage News
Principality cuts mortgage rates and TSB adds new deals
Principality Building Society has cut rates on select residential and buy-to-let mortgages, as TSB adds to its offering.
Principality is now offering a five-year fixed-rate of 2.57% at 90% loan to value (LTV) and a five-year buy-to-let for 2.75% at 75% LTV.
Both products come with a free standard valuation, free legals for remortgages and have no product or commitment fees.
Principality’s mortgage product manager, Ross Williams said: “We recognise that five-year fixed products remain popular and the financial pressures our customers are facing, which is why we are continuing to support our broker partners, by offering good value fee-free products to meet their clients’ needs.”
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TSB extends offering
TSB has reintroduced a number of two-year, three-year and five-year fixed products.
The lender is again offering a three-year fix up to 85% LTV, as well as two- and five-year fixes up to 90% LTV, with no product fee for remortgages.