Principality Intermediaries is set to increase the price of a range of housing products this evening, while Metro Bank will reprice some mortgages on Monday.
Principality Intermediaries said in a memo to brokers that it will withdraw all of its two-year loan-to-value, 75% LTV options at 5:30pm today. 
New product information will be posted on the website from 9am on Saturday, January 18th.
The lender added: “All other mortgage product codes will continue to be sold until further notice.”
Meanwhile, Metrobank will change prices across its housing range from Monday (January 20), including near-prime loans, large loans and professional offers.
To secure current product, your application must be in pre-submission status by this point, the lender said in the note.
It added that brokers “will be provided with a list of documents required for the application.”
“If these are not uploaded within 30 days, the case will automatically expire and the selected products will no longer be available.”
The company's new prices will be available on the intermediary website's procurement system and product guide from 9am on Tuesday, January 21st.
The move comes as swap rates have risen following the bond market turmoil over the past two weeks.
According to Chatham Financial, the two-year swap rate on January 15 rose to 4.245% from 4.142% the previous month, and the five-year rate rose to 4.117% from 3.915% in the same period. .
