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Progressive Building Society

0.06% Discount for 2 Years (House Purchase 90% LTV)

0.06% Discount for 2 Years (House Purchase 90% 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 85% 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.


Name0.06% Discount for 2 Years (House Purchase 90% LTV)
Product DescriptionA variable rate, currently 4.75% with a discount of 0.06% for 2 years, giving a current rate payable of 4.69%
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 90% LTV
Total Cost for Comparison5.10% 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:
Property Value:
Mortgage Term: