"We recognise that five-year fixed products remain popular and the financial pressures our customers are facing"
The residential product at 90% LTV has been reduced by 0.03% to 2.57% and its buy-to-let mortgage product at 75% LTV has been cut by 0.10% to 2.75%.
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.”
