Additional Borrowing

Would you like to borrow more on your existing Progressive mortgage?

If you already have a Progressive mortgage, you may be able to apply for additional borrowing against your property.*

Option 1: Standard Additional Borrowing

If you’re looking to fund standard home improvements, major purchases, or even support family members with a deposit for a new purchase, additional borrowing through your existing mortgage could be suitable.

• Avoid the need for a separate personal loan
• Spread repayments over a longer term
• Tailored advice based on your circumstances

Our Mortgage Advisers can help you explore whether this option is right for you.

Option 2: 0% Energy Efficient Additional Borrowing

We also offer a 0% for 2 years interest rate option for eligible energy efficiency improvements — helping you improve your home while managing costs.  At the end of the 2 years the additional borrowing amount will revert to the Society’s Standard Variable Rate and can only be renegotiated in line with your main mortgage. If your main mortgage deal ends during the two year period, you will have the option to apply the new rate of your main mortgage to the additional borrowing.

This product is designed to support improvements such as:

• Energy-efficient upgrades
• Heating system improvements
• Insulation enhancements

If you’re planning improvements, this could be a particularly cost-effective way to fund them.

Speak to us today - Whatever your plans, our Mortgage Advisers are here to help.

Simply click ‘Book an appointment’ at the top of this page and choose a time that suits you.

* Important information

Terms & Conditions apply. Additional borrowing will increase your overall mortgage balance and may extend the term of increase your monthly repayments. All lending is subject to status and affordability checks. Additional borrowing fee(s) may apply. Your home may be repossessed if you do not keep up repayments on your mortgage.

Based on a start date of 15/07/2026, a mortgage of £15,000.00 payable over 19 years, initially on our 0.00% fixed rate until 14/07/2028, followed by our Standard Variable Rate currently 7.24% for the remaining 17 years, would require 24 monthly payments of £66.89 and 204 monthly payments of £116.46.The total amount payable would be £25,363.20 made up of the loan amount plus interest of £10,113.20 and an arrangement fee of £250.00.The overall cost for comparison is 5.91% APRC.