The Progressive website works best using cookies which are currently blocked. Allow cookies?

more info allow cookies

Testimonials

  • I have been a member for over 30 years and I always feel at ease when entering my local office. Some banks and building societies tend to rush you and don’t make time for the customer!

    .
  • I love being able to support a local company!

    .
  • All of my dealings with Progressive have been by post or telephone since becoming a Member in 2003. In all that time I’ve received a professional, speedy and excellent service. I feel confident this superb relationship will continue.

    .
  • Your staff are always very neat and tidy and will make time to listen. They ask about my family which I really appreciate – I feel this shows a genuine interest in their customers.

    .
  • The staff are very professional and I have always been greeted with a warm welcome.

    .
Progressive Building Society

2.99% Fixed to 01/06/2016 (House Purchase 70% LTV)

Fixed Rate of 2.99% to 1st June 2016 (House Purchase 70% LTV)

At the end of the fixed rate period as detailed above, your mortgage will revert to our Standard Variable Rate (SVR) applicable at the time.  Our standard variable rate is currently 4.75%.

For House Purchase the mortgage is restricted to 70% of the purchase price/valuation (whichever is the lower).

We reserve the right to amend/withdraw this mortgage at any time.  Mortgages are subject to status and valuation.

Our Mortgage Calculator is designed to give you an indication of the cost of a mortgage at a specified rate and mortgage term.

You will need to input the amount you would like to borrow, the property value and then select the mortgage term. From the available mortgage products please select one before clicking on the calculate button.

The calculator will calculate the approximate monthly payments for that amount and term given the mortgage product you have selected. It is not a full personalised illustration.


Name2.99% Fixed to 01/06/2016 (House Purchase 70% LTV)
Product DescriptionA fixed rate of 2.99% applies until 01/06/2016 after which the Society's Standard Variable rate will apply, currently 4.75%, for the remainder of the term.
SVROur standard variable rate is currently 4.75%
FeesFree Valuation and £495 Booking Fee (First Time Buyers Only)

£995 Booking Fee (can be added to mortgage)

Valuation Fee Scale (Payable on Application)
£0.00 - £300,000: Fee £245
£300,001 - £500,000: Fee £395
£500,001 + Fee £495
Max LTVHouse Purchase 70%
Total Cost for Comparison4.60% APR
Early Repayment Charges3% of balance repaid during fixed rate period
Special IncentivesYou may reduce your balance by 10% p.a without an early repayment charge being levied

Help Section

For further information call us at:

02890 244926

Related Links

Mortgage Calculator

Loan Amount:
Property Value:
Mortgage Term: