We’re increasing our procuration fees!
We’re always looking for ways to help support our intermediary partners and we understand that placing specialist cases can sometimes take a little more time.
That’s why we’ve decided to increase our proc fees by 0.10% from the 17 February 2022.
Proc fee rates will increase to 0.50%* for residential mortgages and 0.60%* for buy to let mortgages.
Brokers will receive the increased fee amount on all completed applications keyed on or after the 17 February 2022.
*rates are quoted net of distribution partner uplift.
Change to our post-offer requirements for buy-to-let mortgages
To help us improve our process and save time, we no longer need a signed and returned offer of acceptance document for buy to let applications. This applies to all new and pipeline applications