Flexibilty when you need it most
Discount Mortgages
Discount Mortgages offer interest rates below our Standard Variable Rate (SVR) for the promotional period of the mortgage. Whether you are a first time home buyer, looking to re-mortgage your home or moving home, Principality offer a range of discounted mortgages. If you are on a Discounted Mortgage, your interest rate is variable and is discounted against our SVR for a set period of time. This means if the SVR changes, so too will your monthly repayments and they could go up or down.
| Initial rate | Until | Then standard variable rate | Overall cost for comparison (APRC) | Product Fee | Mortgage Commitment Fee | ||
|---|---|---|---|---|---|---|---|
| 65% LTV Discount Mortgage | 1.75% | 31/01/21 | 5.05% | 4.5% | £0 | £0 | More details |
| 75% LTV Discount Mortgage | 1.85% | 31/01/21 | 5.05% | 4.6% | £0 | £0 | More details |
| 85% LTV Discount Mortgage | 2.15% | 31/01/21 | 5.05% | 4.6% | £0 | £0 | More details |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
FAQs
Why Principality?
- 6th largest UK building society
- A mutual building society, owned by and run for the benefit of our 500,000 members
- Over 150 years' experience
- Taking care of over £9 billion of our customers' assets
- Members can access a Member Rewards page featuring competitions, discounts and more.
