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 NEW RATES
Please find below our revised mortgage package which will take effect from tomorrow, 13th March. All changes are noted in red on the attached package.
You will note the main changes are as follows:
- Discounted Variable Rates for House Purchase, Re-Mortgage & Product Transfers have been increased
- Selected Re-Mortgage Fixed Rates have been increased
- Re-Mortgage 2 Year Fixed Rate @ 75% LTV (no fee) has been reduced
- Selected 2 Year Fixed Rates for Product Transfers have been increased
Please note that applications for rates from our current package must be submitted by close of business today.
Packaging Requirements
Should you make an application to the Society on behalf of your client, the supporting documents must be uploaded within 5 business days to allow us to progress the application. If we do not receive the required supporting documentation, unfortunately we will be unable to progress the application and the case will be cancelled. This will allow us to better serve our valued broker network and ensure that our service levels remain strong.