Remortgage 2 Year Discount (Remortgage) A discount of 1.76% off the Society’s SVR for 2 years, initial rate payable 2.99%. 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 Shared Ownership (Purchase) 2 Year Fixed Rate (Remortgage)