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Testimonials

  • 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.

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  • 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.

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

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  • 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!

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Progressive Building Society

1.36% Discount for 2 Years (House Purchase 80% LTV)

1.36% Discount for 2 Years (House Purchase 80% LTV)

At the end of the variable rate period as detailed below, 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 75% 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.


Name1.36% Discount for 2 Years (House Purchase 80% LTV)
Product DescriptionA variable rate, currently 4.75% with a discount of 1.36% for 2 years, giving a current rate payable of 3.39%
SVROur standard variable rate is currently 4.75%
FeesFirst Time Buyers: Free Valuation and £495 Booking Fee

£995 Booking Fee (can be added to mortgage)

Valuation Fee Scale: (To be paid with Application)

£0.00 - £300,000: Fee £245
£300,001 - £500,000: Fee £395
£500,001 + : Fee £495
Max LTVHouse Purchase 80% LTV
Total Cost for Comparison4.90% APR
Early Repayment Charges2% of balance repaid in year 1, 1% of balance repaid in year 2
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:
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