If you’re an existing Progressive mortgage customer and you’re making home improvements which will reduce the carbon energy used, our 0% energy efficient additional borrowing may be suitable for you.
Designed to help homeowners lower their carbon footprint and their energy bills by making non-structural energy efficient improvements, you may be able to borrow between £3,000 - £15,000 to make improvements such as installing home insulation, solar panels or boiler upgrades.
Eligibility
To qualify for our 0% energy efficient additional borrowing product, the following criteria will apply:
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The property must be your main residential property and located in Northern Ireland.
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This product is only available on additional borrowing between £3k and £15k.
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The total borrowing at 0% must be used to fund energy-efficient improvements to your home such as: Solar Panel Installation, Replacement windows (at least double glazing), Loft Insulation, Cavity Wall Insulation, Solid Floor Insulation, Air Source Heat Pump. A full list can be provided on request. Exclusions apply.
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You must provide quotations for your proposed improvements.
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This product does not have an early repayment charge and the 0% rate applies to the additional borrowing amount only.
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Only one application for 0% Energy Efficient Additional Borrowing up to £15,000 is permitted during the life of the mortgage and only if this product is available. This product can be withdrawn at anytime.
Mortgage compliance
To borrow with Progressive Building Society, you must be over 18. Whether we provide credit will depend on your circumstances. Lending terms and conditions apply. Progressive Building Society only lends on properties within Northern Ireland.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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