Business Details
Your Trusted Mortgage and Savings Partner in Wales
Established in 1860, Principality Building Society has been a cornerstone of financial services in Wales for over 160 years. As Wales largest building society, we prioritise member needs over shareholder interests, reinvesting profits into community initiatives and financial education. Our award-winning customer service, recognised for seven consecutive years by What Mortgage, reflects our commitment to flexibility and innovation. We specialise in tailored mortgage solutions for first-time buyers, self-employed individuals, and property investors, alongside competitive savings products. Our community-focused approach has seen us allocate 1.5 million to local projects in 2024 alone.With over 500,000 members and 85,000 homeowners supported in 2024, we combine deep industry expertise with a dedication to social responsibility. Our team of mortgage experts provides guidance through every stage of homeownership, from initial purchase to remortgaging. We maintain transparency in all dealings, offering clear terms and no hidden fees across our product range. Our digital tools and comprehensive guides empower customers to make informed financial decisions. As a mutual organisation, we remain steadfast in our mission to build a fairer society through accessible financial services.
Services
Savings Accounts
Fixed Term Bonds
Cash ISAs
Residential Mortgages
Buy to Let Mortgages
Mortgage Transfers
Home Insurance
Community Funding
Financial Education
First Time Buyer Support
Highlights and features
- We have supported over 25,000 first-time buyers since 2021
- Awarded best building society for customer service for 7 consecutive years
- We reinvest profits into social housing and financial education initiatives
- Offer specialist mortgages for self-employed individuals and new builds
- Maintain a 160-year heritage of mutual, member-first financial services
What people say
Award-winning service
Community-focused approach
Expert mortgage advisors
Competitive rates
Long-standing reputation
Services
Residential Mortgages
We provide tailored residential mortgage solutions with flexible terms up to 30 years. Our products include fixed-rate, tracker, and variable-rate options, with loan-to-value ratios up to 95%. Expert advisors support customers through every stage of the home-buying process.
Buy to Let Mortgages
Specialist mortgages for property investors feature competitive rates and flexible repayment terms. We offer up to 75% LTV with options for holiday lets and portfolio landlords. Our team provides dedicated support for buy-to-let portfolio management.
Savings Accounts
A comprehensive range of savings products includes easy-access accounts, fixed-term bonds, and cash ISAs. With options for children's savings and regular savers, we offer competitive interest rates and flexible access to funds.
First Time Buyer Support
Our first-time buyer programme includes specialist mortgage products, affordability calculators, and educational resources. We've supported over 25,000 first-time buyers since 2021 with deposit boost options and tailored financial guidance.
Community Investment
We reinvest profits into Welsh communities through housing initiatives and financial education programmes. In 2024 alone, we allocated 1.5 million to local projects, reflecting our mutual ethos and commitment to social responsibility.
Questions
What mortgage options are available for first-time buyers?
We offer dedicated first-time buyer mortgages with up to 95% LTV, deposit boost options, and specialist advice. Our First Home Steps app provides digital guidance for new buyers.
How can I manage my mortgage account?
Access our online portal for payment management, document submission, and mortgage portability options. Contact our mortgage experts for personalised support during business hours.
What savings accounts do you offer?
We provide easy-access accounts, fixed-term bonds, cash ISAs, and regular savings plans. Children's accounts and maturity savings options are also available.
How do you support Welsh communities?
We reinvest profits into social housing projects and financial education initiatives, allocating £1.5 million to community groups in 2024 alone through our mutual structure.
Can I transfer my existing mortgage?
Yes, we facilitate mortgage portability when moving home and offer competitive rates for customers switching from other lenders to our products.
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