Commercial news

Principality has agreed its largest development funding deal to date, supporting Luxgrove’s latest project in Ealing.

Cowell Group receives over £2million facility to support development in London. 

Delighted to provide £4million in funding to support the re-development in Shoreditch.

Re-purposing underutlised properties

Providing funding to TVE Group to  support a student accommodation development on Queen Street, Cardiff.

Supporting Forrest Homes with the delivery of their latest development in Goudhurst, Kent. 

Cardiff based property developer, Urban Centric, agrees funding with Principality Building Society for Traders Yard, a development of 182 co-living apartments.

Principality Building Society has announced a new £20m funding deal with community based housing association, Two Rivers Housing.

Transforming a disused toilet block into a vibrant new hospitality venue and a viable commercial asset.

Learn more about how this strategic partnership will fund the delivery of up to 1,120 affordable homes and enhance property sustainability across the region.

Adra secure £20m in funding from Principality Commercial to support their development programme and existing housing stock.

We are please to support RWP Properties with the rejuvenation of a former high street bakery into a vibrant mixed-use development.

Working with one of South Wales’ most forward‑thinking residential developers.

Principality Commercial is pleased to provide £8.4 million in development funding for Stonewood Homes’ latest development, Worwell Farm in Tetbury.

Learn more about our first lending agreement with an England-based housing association.

Following the Bank of England’s base rate decrease, we're reducing our Commercial lending base rate.

Take a look at how co-living is an evolving concept within the modern housing landscape

£1.38 million provided to support the regeneration of a former hotel into social housing.

Paul Dales, Chief UK Economist at Capital Economics provides clarity and insight as we move into 2026.

£26.5 million provided in development funding for the conversion of a former convent in London

We’re reminding families to check if they have a forgotten Child Trust Fund account.

Applications open for the Future Generations Fund and the Retrofit for the Future Fund.

Principality Building Society, the UK’s sixth largest and Wales’ leading customer-owned business, has today announced the appointment of a Chief Commercial Officer.  

Welsh former international rugby union referee Nigel Owens will be helping families get active this summer as he joins Principality Building Society at the Royal Welsh Show to launch Dylan’s Rural Relay - a new rural challenge designed to get people of all ages together through sport.

Meet our new Chief Financial Officer and Chief Risk Officer.

Principality Building Society has announced solid results for the year ending 31 December 2025. Against a backdrop of elevated rates and economic uncertainty, the UK's 6th largest building society has delivered real value for both savers and borrowers – helping more people grow their savings and buy a home. 

Based in Newport International Sports Village in Lliswerry, the club offers cricket opportunities for all ages and skill levels, with two cricket pitches, a clubhouse, and the Newport Cricket Club Museum. 

We're giving savers the chance to boost their balances with a prize draw to celebrate the 2026 Guinness Six Nations campaign, which this year sees Wales play three home games at the Principality Stadium. 

Principality Building Society has announced the latest recipients of its charitable funds with a combined investment of almost £600,000 to support communities, young people and environmental sustainability across Wales. 

Principality Building Society, Wales’ largest building society, has achieved two gold recognition awards for its customer service and satisfaction.

Principality Building Society has today announced that Julie-Ann Haines, will be stepping down from her position as Chief Executive of Wales’ largest building society.

Wales’ largest building society will boost access to cash in Maesteg, an area that has been affected by bank closures, through a partnership with shared-banking innovator OneBanx.

Swansea Bay Health Board’s five house neonatal project, Cwtsh Clos, has officially opened with one of the homes sharing the name of Principality Building Society’s mascot Dylan. 

Wales’ largest building society has reported encouraging progress in first half performance towards ambitions to create a society of savers where everyone has a place to call home. 

Pride Cymru announces Principality Building Society as headline sponsor for the third-year running, as part of main stage sponsorship deal. 

The average price of a home in Wales was £238,098 in the second quarter of 2025, up 0.7% year-on-year and just 4.6% below its peak of £249,000 in 2022.

Principality Building Society has partnered with one of the UK’s leading children’s charities.  Barnardo’s Cymru works to support children, young people and families facing poverty or financial instability.

The average price of a home sold in Wales increased to £238,413 in the first quarter of 2025, up 2.2% on the previous quarter and 4.0% higher than the same period last year.