Mortgages for Intermediaries Shared Ownership (Remortgage) A discount of 1.56% off the Society’s SVR for 2 years, initial rate payable 3.19%. 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 (Remortgage) Shared Ownership (Purchase)