Principality ups fixed rate

Principality BS is the 2nd buy-to-let lender over the week to withdraw longer dated fixed rate buy-to-let mortgage after The Mortgage Works actions. Principality have replaced it's 2 year 4.99% fixed rate with that of a 5.29% fixed rate. This mortgage product comes with a flat rate fee of £999. This buy-to-let mortgage registers a 3 star Moneyfacts rating.


END-DATES on VARIABLE TRACKERS of 3.64% & 4.14% to 31.5.12 extended to 31 July.

VARIABLE TRACKER RATE MORTGAGE of 4.59% to 31.5.12 increased to 4.89% to 31.7.12, BBR + 4.39%, all other details unchanged.

FIXED RATE MORTGAGE of 4.99% to 31.5.12 for direct business only, withdrawn & replaced.

NEW FIXED RATE MORTGAGE for direct business only: 5.29% to 31.7.12, max 60%, fee £999, max advance £150K, with incentive for remortgages of free legal fees. W.e.f. 2.6.10.


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