First Time Buyer Mortgage, Mortgages for Intermediaries, Moving House Mortgage, New Mortgage2 Year Discount (Purchase) A discount of 1.76% off the Society’s SVR for 2 years, initial rate payable 6.23%. The rate payable will not go below a floor rate of 2% during the discounted period. Overpayments up to 10% of the outstanding loan per year Portable Heartland 2 Year Fixed Rate (Remortgage) Foreign Currency Residential (Purchase & Remortgage)