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.
New Mortgage Package
Please find the Society’s revised mortgage package wef 15th November 2023.
You will note the changes are as follows:
- Variable and fixed rates for house purchase improved
- New First Time Buyer products launched for house purchase at 90 LTV%
- Variable rates for remortgage improved
- Self Build products amended
- Variable and Fixed Rates for Northern Ireland Co-Ownership improved
- Variable and fixed rates for foreign currency house purchase improved
- New First Time Buyer products launched for foreign currency house purchase at 90 LTV%
- Variable rates for foreign currency remortgage improved
- Self Build rates for foreign currency amended
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 15th November 2023. Please ensure any pending applications are as up to date as possible (captured) to allow you to access the product codes.