Principality recently increased its maximum loan size to £500,000 for residential mortgages up to 90% LTV across England and Wales.

Emma Graham, Principality Building Society’s national account manager, said: “It’s fantastic to be able to offer our proposition to a wider audience of brokers through MCI’s growing panel. As a member-led organisation our underwriters do not follow a standardised approach and treat every customer as an individual, applying common sense to all lending decisions.

“We look forward to working with advisers to help them place both straightforward and complex cases.”

Phil Whitehouse, managing director of MCI Mortgage Club, added: “I am delighted to add Principality to MCI’s growing lender panel. At MCI we are keen to ensure that our members have access to a comprehensive panel and the addition of Principality as an award-winning building society delivering a superb service proposition will be a great addition.”