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Principality Building Society

Introduction

Principality are the UK’s 6th largest Building Society and have been in business for over 150 years.

Their positive attitude to lending is the key to getting your customers home.
Principality understand that for you to succeed in your business, you need a strong, professional relationship with them. With a wealth of experience in Financial Services, their dedicated Intermediary Support team pro-actively encourage the up-front discussion of your applications.

They work hard to build relationships but this is only half of what makes them different:

  • Access to BDM’s with experience and knowledge to make instant decisions
  • An Intermediary Support Team with direct access to senior underwriters

Key Features:

  • 4 Applicants using all 4 incomes for affordability
  • Not Credit score by LTV or credit search by Association
  • Daily Rate Contractors acceptable 5 x daily rate x 48 weeks
  • Holiday Lets & BTL’s are available taking max age to 85
  • Medical Professionals – Principality go the extra mile when looking at medical and professionals– Bank Nursing income acceptable after just 6 months history. GP/Locums Dentists all looked at on a case by case basis.
  • England & Wales
  • No postcode restrictions at present
  • 6th largest Building Society in the UK
  • Lend throughout England and Wales
  • 75% of our business comes from the England market
  • 90% of our mortgage business is from the Intermediary channel
  • Diverse lender – Residential, New Build, Medical Professionals, Other Incomes, Buy to Let and Holiday Lets
  • Winners of the What Mortgage Award for the 4th year running

Registration Process:

The adviser can register with principality by clicking here and when prompted select TMA Club as the payment option to receive the correct procuration fee.

To change their payment route they will need to reregister with Principality using the same link above.

Contact details:

Your local Regional and desk based BDM team can be found by clicking here and searching for the relevent area.

Broker Support Line
Tel: 0330 333 4021
Email : Intermediary@principality.co.uk

Get in touch with us today.

Need criteria support? Contact the experts on our Broker Support Team.