Skip to content

Search the Principality Site
Mortgage Landing page

MORTGAGES

Calculate your mortgage

See how much you could borrow and how much your repayments will cost

Use our mortgage calculator

First time buyers?

Tell me more

You are here: 

> Mortgages

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Fixed Rate Mortgages What is a fixed rate mortgage?

Initial rate Terms Then changing to SVR currently Overall cost for comparison Product Fee Mortgage Commitment Fee More details
2 Year Fixed Rate 2.69% Until 31/05/2016 4.99% 4.8% APR £0 £99 More about this product

Our 2 Year Fixed Rate Fee Saver Mortgage is the one for you, if:

  • You want to budget carefully in the early years
  • You want the certainty of a fixed interest rate for 2 years
  • You want to minimise the costs of arranging your mortgage
  • You want to borrow up to £500,000
  • This mortgage offers repayment only
  • You want to borrow 75% of the value or purchase price of your property (LTV)

2 Year Fixed Rate 3.39% Until 31/05/2016 4.99% 4.9% APR £0 £99 More about this product

Our 2 Year Fixed Rate 85% LTV Mortgage is the one for you, if:

  • You want to carefully budget in the early years
  • You want the certainty of a fixed interest rate for 2 years
  • You want to borrow 85% of the value or purchase price of your property (LTV)
  • You want to borrow up to £250,000

3 Year Fixed Rate 3.09% Until 31/05/2017 4.99% 4.8% APR £0 £99 More about this product

Our 3 Year Fixed Rate 75% LTV Mortgage is the one for you, if:

  • You want to budget carefully in the early years
  • You want the certainty of a fixed interest rate for 3 years
  • You want to borrow the lower of 75% of the value or purchase price of your property (LTV)
  • You want to borrow up to £500,000

 

3 Year Fixed Rate 3.79% Until 31/05/2017 4.99% 4.9% APR £0 £99 More about this product

Our 3 Year Fixed Rate 85% LTV Mortgage is the one for you, if:

  • You want to carefully budget in the early years
  • You want the certainty of a fixed interest rate for 3 years
  • You want to borrow 85% of the value or purchase price of your property (LTV)
  • You want to borrow up to £250,000

4 Year Fixed Rate Mortgage (IO) 3.89% Until 31/05/2018 4.99% 4.8% APR £0 £99 More about this product

Our 4 Year Fixed Rate Mortgage is the one for you, if:

  • You want to budget carefully in the early years
  • You want the certainty of a fixed interest rate for 4 years
  • You want to minimise the costs of arranging your mortgage
  • You want to borrow up to £500,000
  • You want to borrow 50% of the value or purchase price of your property (LTV)

4 Year Fixed Rate 3.59% Until 31/05/2018 4.99% 4.8% APR £0 £99 More about this product

Our 4 Year Fixed Rate Mortgage is the one for you, if:

  • You want to budget carefully in the early years
  • You want the certainty of a fixed interest rate for 4 years
  • You want to minimise the costs of arranging your mortgage
  • You want to borrow up to £500,000
  • You want to borrow 75% of the value or purchase price of your property (LTV)

4 Year Fixed Rate 3.99% Until 31/05/2018 4.99% 4.9% APR £900 £99 More about this product

Our 4 Year Fixed Rate Mortgage is the one for you, if:

  • You want to budget carefully in the early years
  • You want the certainty of a fixed interest rate for 4 years
  • You want to borrow up to £250,000
  • You want to borrow 85% of the value or purchase price of your property (LTV)

Affordable Housing 5 Year Fixed 4.09% Until 31/05/2019 4.99% 4.9% APR £900 £99 More about this product

Our 5 Year Fixed Rate Mortgage is the one for you, if:

  • You want to budget carefully in the early years
  • You want the certainty of a fixed interest rate for 5 years
  • You want to minimise the costs of arranging your mortgage
  • You want to borrow up to £250,000  
  • You want to borrow 75% of the value or purchase price of your property (LTV)

Affordable Housing 5 Year Fixed 4.19% Until 31/05/2019 4.99% 4.9% APR £0 £99 More about this product

Our 5 Year Fixed Rate Mortgage is the one for you, if:

  • You want to budget carefully in the early years
  • You want the certainty of a fixed interest rate for 5 years
  • You want to minimise the costs of arranging your mortgage
  • You want to borrow up to £250,000  
  • You want to borrow 75% of the value or purchase price of your property (LTV)

Discount Mortgages What is a Discounted Mortgage?

Initial rate Terms Then changing to SVR currently Overall cost for comparison Product Fee Mortgage Commitment Fee More details
2 Year Flexible Discount 2.49% 2.50% discount until 31/05/2016 4.99% 4.8% APR £0 £99 More about this product

Our 2 Year Discount Mortgage is the one for you, if: 

  • You want a discounted rate for the first 2 years
  • You want to borrow 75% of the value or purchase price of your property (LTV)
  • You want to borrow up to £500,000

 

2 Year Non-Flexible Discount 2.99% 2.00% discount until 31/05/2016 4.99% 4.9% APR £900 £99 More about this product

Our 2 Year Discount Mortgage is the one for you, if: 

  • You want a discounted rate for the first 2 years
  • You want to borrow 85% of the value or purchase price of your property (LTV)
  • You want to borrow up to £250,000

 

2 Year Flexible Discount 2.99% 2.00% discount until 31/05/2016 4.99% 4.9% APR £900 £99 More about this product

Our 2 Year Discount Mortgage is the one for you, if: 

  • You want a discounted rate for the first 2 years
  • You want to borrow 85% of the value or purchase price of your property (LTV)
  • You want to borrow up to £250,000

 

3 Year Discount (Interest Only) 2.69% 2.30% discount until 31/05/2017 4.99% 4.7% APR £900 £99 More about this product

Our 3 Year Discount Mortgage is the one for you, if:

  • You want a discounted rate for the first 3 years
  • You want to borrow 50% of the value or purchase price of your property (LTV)
  • You want to borrow up to £500,000

Tracker Mortgages What is a Tracker Mortgage?

Initial rate Terms Then changing to SVR currently Overall cost for comparison Product Fee Mortgage Commitment Fee More details
2 Year Flexible Tracker 2.19% Bank of England bank rate plus 1.69% until 31/05/2016 4.99% 4.8% APR £900 £99 More about this product

 Our 2 Year Tracker Mortgage is the one for you, if:
  • You want your mortgage rate to track the Bank of England Bank Rate for the first two years
  • You want to be able to adapt your mortgage to deal with life’s ups and downs  
  • You want to borrow 75% of the value or purchase price of your property (LTV)
  • You want to borrow up to £500,000

 

Mortgages

Whether you are a first time buyer, moving house, remortgaging your home or expanding your property portfolio. We offer a range of mortgages that suit a wide range of needs.

What are the different types of mortgage?

  • Fixed rate mortgages offer a fixed interest rate for a set period of time. This means your monthly mortgage repayment doesn’t change regardless of whether interest rates rise or fall, during the fixed term.
  • Discount mortgages are variable rate mortgages offering a discount against our Standard Variable Rate (SVR) for a set period of time. The interest rate will change as our SVR changes.
  • Tracker mortgages are variable rate mortgages linked to the Bank of England Bank Rate (also known as the base rate) which means your mortgage rates will increase or decrease as the Bank Rate changes. When the interest rate decreases, your monthly repayments will be lower, when interest rates go up your monthly repayment will increase.

At the end of a fixed, discount, or tracker mortgage period, mortgage rates will revert to the Standard Variable Rate (SVR).

Mortgage Rates

Principality offers a range of competitive mortgages, with a variety of features including:

  • Mortgages with fixed or discounted interest rates
  • Tracker mortgages with rates linked to the Bank of England Bank Rate
  • Borrow up to 95% of the value of your property (selected mortgages only)
  • Flexible features including: payment holidays, overpayment and underpayment facilities that allow you to adjust your mortgage repayments (conditions apply)
  • Fee Saver mortgages – without product, legal or report and valuation fees (available on selected mortgages only)

Mortgage Calculator

Buying a property is an important financial decision. If you are buying your own home our mortgage calculator can help you work out the costs. Quick and easy to use, it helps you calculate the maximum amount you could borrow and monthly mortgage repayments.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

This website is only for use in the UK and the products and services on it are only available to you if you are a UK resident. Mortgages are only available on properties in England and Wales.

To help us maintain our service and security standards, telephone calls may be monitored or recorded. Your personal details may be used to contact you about your application.

Principality Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, reference number 155998.