Principality Building Society – Tailored Mortgage Solutions for Homeowners and Investors

The Mortgage Lender (TML) was created to serve borrowers that mainstream lenders often overlook. From self-employed clients to contractors, buy-to-let landlords, and those with a less-than-perfect credit history, TML takes a common-sense approach to underwriting, helping you secure finance where others say no.

At Mortgage Knight, we collaborate with Principality Building Society to assist clients in securing mortgages that align with their unique financial situations.

Key Benefits of Principality Building Society Mortgages

Residential Mortgages

Offers fixed and discounted rate mortgages up to 95% Loan-to-Value (LTV), including options for new-build properties. Provides Joint Borrower Sole Proprietor (JBSP) mortgages to help boost affordability for first-time buyers. Considers lending into retirement, with mortgages repayable up to the eldest applicant's 85th birthday.

Residential Mortgages

Offers fixed and discounted rate mortgages up to 95% Loan-to-Value (LTV), including options for new-build properties. Provides Joint Borrower Sole Proprietor (JBSP) mortgages to help boost affordability for first-time buyers. Considers lending into retirement, with mortgages repayable up to the eldest applicant's 85th birthday.

Buy-to-Let and Holiday Let Mortgages

Available to both new and existing landlords, including first-time buyers. No minimum income requirement; applicants can own up to three mortgaged Buy-to-Let properties. Supports Non-EEA applicants and allows properties with Energy Performance Certificate (EPC) ratings of E or above.

Buy-to-Let and Holiday Let Mortgages

Available to both new and existing landlords, including first-time buyers. No minimum income requirement; applicants can own up to three mortgaged Buy-to-Let properties. Supports Non-EEA applicants and allows properties with Energy Performance Certificate (EPC) ratings of E or above.

Flexible Lending Criteria

Accepts up to four applicants per mortgage, considering all incomes. Offers mortgage terms up to 40 years, with interest-only options available up to 25 years. Provides mortgages on freehold and leasehold properties in England and Wales.

Flexible Lending Criteria

Accepts up to four applicants per mortgage, considering all incomes. Offers mortgage terms up to 40 years, with interest-only options available up to 25 years. Provides mortgages on freehold and leasehold properties in England and Wales.

Product Features

Allows overpayments up to 10% of the outstanding balance annually without incurring early repayment charges. Offers free standard mortgage valuations and legal fees for remortgages.

Product Features

Allows overpayments up to 10% of the outstanding balance annually without incurring early repayment charges. Offers free standard mortgage valuations and legal fees for remortgages.

Who Principality Building Society Is Best For

  • First-time buyers seeking high LTV mortgages with flexible criteria.
  • Landlords and investors looking for Buy-to-Let or Holiday Let mortgage options.
  • Applicants with complex income structures or those seeking joint applications.
  • Borrowers planning for retirement, with options to extend mortgage terms accordingly.

Types of Mortgages Offered

  • Residential purchase and remortgage.
  • Buy-to-Let and Holiday Let mortgages.
  • Joint Borrower Sole Proprietor (JBSP) mortgages.
  • Shared Ownership mortgages.
  • Product transfers for existing customers.

Explore Tailored Mortgage Solutions with Principality Building Society

Whether you’re stepping onto the property ladder, expanding your investment portfolio, or seeking flexible mortgage options, Principality Building Society offers products designed to meet your unique needs.

Contact Mortgage Knight today, and we’ll assist you in navigating the mortgage options available through Principality Building Society, ensuring a solution tailored to your circumstances.

Faq

Frequently Asked Questions

A: Yes. They provide residential mortgages up to 95% LTV, including options for new-build properties.

A: Yes. Principality accepts Buy-to-Let applications from individuals who do not currently own and live in their own home.

A: Yes. Principality considers applications from Non-EEA nationals, subject to specific criteria.

A: The maximum term for a residential mortgage is 40 years, with interest-only options available up to 25 years.

A: Absolutely. We help clients refinance for better rates, equity release, or to switch from personal to limited company ownership.

A: Yes. JBSP mortgages are available to help boost affordability, allowing family members to support the mortgage application without being named on the property deeds.

Types of Mortgages Accord Offers