Many people are curious what principality mortgages are all about. In fact The Principality is a building society located in Cardiff and has been providing mortgage loans to its customers since 1860. Today, there are more than 420,000 members plus 50 branches of Principality available in the region and is now the largest Welsh Building Society. With more than 140 years experience in providing consultation and offering mortgages for its members, Principality Building Society is one of the reliable financial institutions that you can rely on.
Principality Building Society is now one of UK’s renowned financial institutions and focused on keeping up with a robust customer concentration. Since there are no shareholders in this financial institution, therefore it can offer its customers with cheap mortgages that feature with low interest rates. In addition, The Principality provides mortgages to first time home buyers or consumers who are seeking to remortgage.
You can find The Principality is offering an array of different mortgages as well as savings products which are readily to serve your needs.
3 Major Types of Principality Mortgage Products
– First Time Buyer Mortgages
– Home Mover Mortgages
Additional Principality Mortgage Product Choices
– Fixed Rate Mortgages
– Fee Saver Mortgages
– Discount Mortgages
– Tracker Mortgages
– Buy-to-Let Mortgages
– Flexible Rate Mortgages
Principality Mortgage Lending Criteria
- The society offering loan to first time home buyer for maximum of 4 applicants for the buy to let rates of up to 75% LTV (Loan-to-Value).
- All residents in England and Wales are entitled to apply for the loan.
- Builder incentives are accepted as long as they are disclosed in the first place.
- For those who wish to apply for another mortgage for theiri second home, they can borrow to a maximum LTV of 75%.
If you are interested in Principality Mortgages, you may do a rate comparison from below link:
Mortgage comparisons from Hidden Mortgages
Otherwise, you may also get a Free no obligation quote by calling to their free mortgage broker.
Principality Mortgage Broker
By having a wide variety of Principality Mortgage products that consumers can choose from, it is very important for consumers to get a qualified mortgage broker for them to consult and assist the consumers for making the right choice.
You can ask for advice from mortgage broker by follow this link:
Principality Mortgage Tables
By referring to Principality Mortgage Tables, you will be able to access the complete Principality home mortgage range. You can as well visit the Principality’s website for getting yourself to know about their mortgage lending policy. By doing so you are going to gather all the necessary information on the key mortgage lenders and also loan products that are available on the market.
Even though most people don’t think Principality is the best lender for them, but it perhaps is the first name that springs to their mind when they are looking for a mortgage. They are one of the mortgage lenders that is keep on providing flexible lending in a competitive market. And most people are feeling comfort to deal with their friendly customer service personnel.
After all, The Principal Building Society’s ethos is to offer it’s consumers the best service that they can have and also making sure that their money are secure. Thus, in case you are intended to get a home in UK or Wales, then you should consider choosing the Principality Mortgages which can be the ideal mutual society to meet your requirements.