Principality bond launched for St David's Day

Money News

www.moneynews.co.uk > Banking > Principality bond launched for St David's Day

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Principality bond launched for St David's Day

To celebrate St David's Day on March 1st, the Principality building society is launching a new bond.

Wales' biggest building society's new bond will pay a competitive 6.20 per cent at a fixed-rate for one year, a deal exclusive to those consumers who have been members of the group for more than three years.

Alongside the Principality bond, the group are also unveiling a new fixed-rate mortgage at 4.69 per cent for one year.

The package will then revert back to the Bank of England rate plus 0.74 per cent, currently amounting to 5.99 per cent.

The mortgage possesses a free valuation, mortgage payment protection for a quarter and paid legal fees.

Principality's managing director, Tracy Horstead, said the new mortgage would allow "customers to pay less whenever the base rate falls, although payments on the mortgage will go up if the base rate rises".

Related News : Banking

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet