Progressive Building Society have announced some forthcoming changes. See below for details. For current product information, lending criteria etc their intermediary website can be accessed here REMEMBER, you can also speak to our dedicated Specialist team for more information or guidance.
Progressive SVR
Please find below our revised mortgage package which will take effect from 1st August 2023. There are no changes to our products but our variable rates have been amended to reflect the increase to our SVR tomorrow (8.49%)
We are also Sourcing strongly on our re-mortgage package up to 60% LTV
New Product Developments Progressive
We are re-introducing our range of 85% products for house purchase and remortgage.
For the first time we are launching a fixed rate product for Foreign Currency Loans, both purchase and remortgage.
New Progressive Products from 7th August
Our revised mortgage package which will take effect from 7th August 2023.
You will note the changes are as follows:
- Introduction of fixed rated at 85% for House Purchase & Re-mortgage
- Introduction of fixed rates for Foreign Currency at 75% and 80% LTV
You will note the changes to the mortgage package are identified in red in the attached document.
Please note that only products detailed on the attached will be available from 7th August 2023. Please ensure any pending applications are as up to date as possible (captured) to allow you to access the product codes.