Thursday, April 20, 2006
A range of fixed rate mortgage products have been unveiled by Welsh building society Principality.
New products designed to attract Welsh customers include a two-year fixed rate mortgage of 4.59 per cent for up to three quarters loan to value (LTV) and a 95 per cent LTV with a rate of 4.69 per cent.
In addition a three-year discounted rate of 4.94 per cent without the need to pay valuation fees has been unveiled, along with a tracker mortgage with no early repayment charge.
"As a Welsh building society, we have listened to our customers while devising our new range and the fee-saver products are proving very popular, with highly competitive rates and added incentives," Dominic White, Principality's head of marketing, told firstrung.com.
Principality says the new mortgages on offer feature added emphasis on legal fees, as well as a series of other benefits, designed to attract the Welsh market.
