How to make Mortgage Payments

Detailed below are the different ways you can make your monthly mortgage payments.

Direct Debit

The easiest and most convenient way for you to make your monthly mortgage payment is to set up a Direct Debit, which will automatically collect your mortgage payment each month from your bank account.  If the monthly payment changes, we will automatically collect the new payment amount and you don’t need to inform your bank. 

If you would like to set up a Direct Debit, you can print the Direct Debit form here and return this to your local Progressive Branch.  Please also provide a recent bank statement for the account from which you wish to make payments.

Standing Order

You can also set up a Standing Order with your own bank, to send funds to our bank account each month.  Our bank details are as follows:

You must include your Progressive Mortgage Account Number to help us identify your payment, otherwise we may return the funds to your bank.  Please ensure that you set up your Standing Order to make your mortgage payment, each month on the due date of your payment.  If your monthly payment changes, you must inform your bank of the new payment.

Faster Payment

You can make a monthly payment by faster payment, by using the same bank details as shown above, under ‘Standing Order’.  You must include your Progressive Mortgage Account Number to help us identify your payment, otherwise we may return the funds to your bank.  However, we do recommend you set up a Direct Debit or Standing Order to make regular monthly payments. 

Debit Card

We can accept debit card payments, where you have missed a monthly payment and you wish to make up a payment which was due.  However, we recommend you set up a Direct Debit or Standing Order to make regular monthly payments on the due date.  If you wish to make a payment by debit card, please contact our Mortgage Support Team on 028 9016 0949.