This website uses cookies. Please click "Accept and Close" to accept the use of cookies on our website. By continuing to browse our website you consent to the use of cookies on this website cookie policy.



Progressive Building Society launches Foreign Currency Mortgage

19 August, 2019

Progressive Building Society has launched a Foreign Currency Mortgage meaning that residents in Northern Ireland with earnings or assets in either Euro or US Dollars, can now take out a Sterling mortgage with the Society.

Some 30,000 people* cross the border on the island of Ireland daily, so there is clearly a market for those earning in Euro but living in Northern Ireland to benefit from a Foreign Currency Mortgage option.

According to Jane Millar, Head of Lending & Savings at Progressive Building Society, the new product could prove vital to local consumers whose income comes from the EU or US:

“Our new mortgage option will provide a solution for people who earn in Euro or US Dollars but want to purchase a home in Northern Ireland. For those paid in Euro or US dollars, this product provides access to a Northern Irish mortgage. We believe our expertise within the mortgage market enables us to deal with various mortgage offerings, such as foreign currency, in a manner which is straightforward, effective and efficient for applicants.”

Jane added:

“Given our knowledge of the local market place, Progressive prides itself on the constant development of products and services to meet the needs of the people of Northern Ireland. Employment patterns continue to change, and at Progressive we want to ensure our mortgage products support the individual needs of all people who live here.  We will continue to listen to our customers and adapt our products to enable more people to achieve their dream of home ownership.”

Follow the links below to find out more about the Foreign Currency Mortgage, alternatively, you can contact your local branch to speak to a mortgage advisor.


Speak to our team today

We’d love to talk you through the mortgage process and help you find a suitable product. For more information or to apply for an account, you can call us, email us, pop into one of our 11 branches. We look forward to hearing from you.

Find us

We have 11 branches across Northern Ireland.

Branch Finder

Contact us

We're here to help, in a way that suits you.

Get in touch