Principality is the latest lender to push up the cost of its fixed-rate products, with deals rising by up to 34bps.
The changes affect products on its residential and buy to let range, although it has cut the cost of some of its holiday let products.
On its residential mortgage range for house purchases, Principality is raising its Select mortgage by 34bps at 90% LTV, and by 30bps at 95% LTV.
At lower LTV bands it has withdrawn its discount products and reintroduced a standard product range at 75, 80 and 85% LTV.
On its buy to let range it has increased the cost of its Select mortgages products by 5bps at 60,70 and 75% LTV.
At the same time Principality has cut rates on its holiday let product at 60% LTV by 2bps, although has raised its five-year 75% LTV product by 1bp.
The mutual warned brokers that codes to previous offers will be withdrawn at 8pm on 5 March.
The post Principality raises rates on resi and BTL ranges appeared first on Mortgage Strategy.
