user.first_name
Menu

News

Principality BS cuts rates; CHL Mortgages adds 80% LTV deals – round-up

Principality BS cuts rates; CHL Mortgages adds 80% LTV deals – round-up
Anna Sagar
Written By:
Posted:
November 10, 2025
Updated:
November 10, 2025

Principality Building Society will reduce residential, joint borrower sole proprietor (JBSP) and holiday let rates by as much as 0.13%.

The changes will come into force from 9am on 11 November.

Within its residential range, selected two-, three- and five-year fixed rates between 65% loan to value (LTV) and 85% LTV will be lowered.

An example includes its two-year fixed rate at 65% LTV with a £1,499 fee, which will decrease by 0.1%, along with its no-fee two-year fixed rate at 75% LTV.

The lender’s five-year fixed residential rates with cashback at 65% and 75% LTV will decline.

On the JBSP side, two- and five-year fixed rates at 75% LTV will fall by 0.13% and 0.07% respectively, while its two-year fixed rate at 85% LTV will decrease by 0.04%.

Sponsored

The new-build energy advantage

Sponsored by Halifax Intermediaries

In its holiday let range, two- and five-year fixed rates at 60% LTV with no fees will go down by 0.11%.

 

CHL Mortgages launches 80% LTV deals

CHL Mortgages for Intermediaries has introduced new 80% LTV deals with 3.5% and 5% fee options across single dwelling, small house in multiple occupation (HMO) and short-term let property types.

Rates start from 3.4% for two-year fixed rates and 5.06% for five-year fixed rates.

There are also no-fee options for landlords looking to minimise upfront costs, with two-year fixed rates beginning from 5.9% and five-year fixed rates from 6.16%.

Landlords can borrow up to £750,000, with products available to individuals and limited companies.

The lender has also brought out four limited-edition 75% LTV products with a 7% fee across its single dwelling and small HMO ranges.

Darrell Walker, Chetwood Bank’s group sales director for CHL Mortgages for Intermediaries and ModaMortgages, said: “We’re proud to announce this expansion of our upper-LTV BTL offering, which marks a significant step forward in our mission to give landlords greater choice and flexibility.

“Whether your client is looking for a product [that] enables them to pay more upfront in return for lower rates over time, or a fee-free product [that] allows them to minimise their upfront costs, these new products reaffirm our commitment to supporting landlords with competitive solutions.”