Mortgages | Procuration Fees
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Mortgages | Procuration Fees See below a list of procuration fees for our lenders and master brokers. Updated 07/08/18 Gross Fee Net Fee Lender / Product Fee Min Max Fee Min Max 3mc www.3-mc.com | 0161 962 7800 Dependent on lender and product. Call 3mc directly. Accord Mortgages www.accordmortgages.com | Lends in England, Scotland, Wales and Northern Ireland | Procuration fee paid by PMS Standard / Offset 0.45% £200* 0.425% £200* BTL (England and Wales only) 0.50% £250* 0.45% £250* Ported Products (paid on ‘Top Up’ only) 0.30% 0.30% Further Advance (min loan £5,000) 0.30% £50 0.30% £50 Product Transfer - Residential Only 0.30% 0.28% Affirmative www.affirmativefinance.co.uk | Lends in England, Scotland and Wales | Procuration fee paid directly by the lender Constructive Lending / Self Build / Bridging 1.50% 1.45% Aldermore Mortgages www.aldermore.co.uk | Lends in England, Scotland and Wales | Procuration fee paid directly by the lender Residential / BTL 0.45% 0.40% Product Transfers 0.35% 0.30% Al Rayan Bank www.alrayanbank.com | Lends in England, Scotland and Wales | Procuration fee paid directly by the lender Residential 0.35% 0.33% BTL 0.50% 0.45% AToM www.atomltd.co.uk | 01403 272 625 Dependent on lender and product. Call AToM directly. Aviva Equity Release www.aviva-for-advisers.co.uk | Lends in England, Scotland, Wales and Northern Ireland | Procuration fee paid directly by the lender 2.25% + Lifetime Lump Sum Max 2.25% £60 2.25% (of initial loan) 2.25% + Lifestyle Flexible Option £500 £500 + 0.70%1 0.70% + £60 Bank of Ireland www.bankofireland4intermediaries.co.uk | Lends in England, Wales, Scotland and Northern Ireland | Procuration fee paid by PMS *Only available to a selected distribution, please check with lender. BTL 0.50% 0.48% Residential 0.40% 0.38% Product Transfers 0.25% 0.23% First Start 0.50% 0.47% Barclays www.barclays.co.uk/intermediaries | Lends in England, Scotland, Wales and Northern Ireland | Procuration fee paid by PMS Standard / Offset 0.35% 0.33% BTL 0.40% 0.38% Further Advances 0.30% 0.28% Product Transfers 0.20% 0.18% *Subject to minimum loan size set by the lender (£30,000). **Subject to a minimum further advance of £3,000. ***Subject to a minimum of £600 on initial drawdown and 2% commission will also be paid on any further drawdowns once the overall advances exceed £30,000. 1 If a reserve is taken out £60 per case is paid to PMS. 2 Subject to minimum loan size of £25,000 set by the lender. 3 When a product is ported, Scottish Widows will be pay a procuration fee on the total amount of new mortgage. ****Standard Residential Mortgages include fixed rate products, Help to Buy, Lifetime Tracker, Loyalty mortgage products (C prefix), Flexi, Long Term including K Prefix & Ported products and any other product we may introduce on occasion. The procuration fees listed are for reference only. Prior to submission of any mortgage application, PMS members should confirm what remuneration will be paid by contacting the lender directly. PMS will not reimburse members for any differences between figures listed and the amount received by the member from the lender. Refer to lender for more information. PMS is a trading style of Premier Mortgage Service Limited. A company registered in England and Wales with number 5011650. Registered office: Pixham End, Dorking, Surrey, RH4 1QA. Gross Fee Net Fee Lender / Product Fee Min Max Fee Min Max Ported Products Pay full fee Bath Building Society www.bathbuildingsociety.co.uk | Lends in England and Wales | Procuration fee paid by PMS 0.35% + All Products £150 0.35% £150 £25 Bluestone Mortgages www.bluestone.co.uk | Lends in England and Wales | Procuration fee paid by PMS Residential 0.60% 0.50% Buy to Let 0.60% 0.50% BM Solutions www.bmsolutions.co.uk | Lends in England, Scotland, Wales and Northern Ireland | Procuration fee paid by PMS BTL Mortgage and Product Transfer 0.44% 0.39% BTL Further Advance 0.44% 0.39% Buckinghamshire Building Society www.bucksbs.co.uk/intermediaries | Lends in England and Wales | Procuration fee paid by PMS Residential 0.40% £3,000 0.38% £3,000 Contractors / BTL 0.42% £3,000 0.40% £3,000 Product Transfers 0.20% 0.19% BuildLoan www.buildloan.co.uk | Lends in England, Scotland, Wales and Northern Ireland | Procuration fee paid by PMS Bath Building Society, Penrith Building Society, The Tipton & Coseley Building Society, Virgin Money, Furness Building Society, Hanley Economic Building Society, Stafford Railway Building 0.40% 0.35% Society, Chorley Building Society, Dudley Building Society, Mansfield Building Society, Newcastle Building Society The Nottingham 0.40% £2,000 0.35% £2,000 Darlington Building Society 0.20% £1,500 0.35% £1,500 CAF Bank www.cafonline.org | Procuration fee paid directly by the lender All Products 0.25% 0.23% Cambridge Building Society www.cambridgebs.co.uk | Lends in England | Procuration fee paid directly by the lender The Cambridge lends within the following counties: Bedfordshire, Buckinghamshire, Cambridgeshire, Essex (excluding Canvey Island), Hertfordshire, Norfolk, Northamptonshire and Suffolk All Products 0.40% £150 £3,500 0.37% £150 £3,500 Product Transfers 0.20% £75 £1,750 0.20% £75 £1,750 CFB UK Ltd www.cfbuk.com | 0800 999 2015 Dependent on lender and product. Call CFB UK Ltd directly. Chorley Building Society www.chorleybs.co.uk | Lends in England, Scotland and Wales | Procuration fee paid by PMS All Products 0.40% 0.38% Coventry for Intermediaries www.coventryintermediaries.co.uk | Lends in England, Scotland and Wales | Procuration fee paid by PMS Residential 0.43% 0.40% BTL 0.43% 0.40% All Product Transfers 0.30% 0.28% Ported Products Pay full fee Darlington Building Society www.darlington.co.uk | Lends in England and Wales | Procuration fee paid by PMS All Products 0.37% 0.35% Earl Shilton Building Society www.esbs.co.uk | Lends in England and Wales | Procuration fee paid directly by the lender *Subject to minimum loan size set by the lender (£30,000). **Subject to a minimum further advance of £3,000. ***Subject to a minimum of £600 on initial drawdown and 2% commission will also be paid on any further drawdowns once the overall advances exceed £30,000. 1 If a reserve is taken out £60 per case is paid to PMS. 2 Subject to minimum loan size of £25,000 set by the lender. 3 When a product is ported, Scottish Widows will be pay a procuration fee on the total amount of new mortgage. ****Standard Residential Mortgages include fixed rate products, Help to Buy, Lifetime Tracker, Loyalty mortgage products (C prefix), Flexi, Long Term including K Prefix & Ported products and any other product we may introduce on occasion. The procuration fees listed are for reference only. Prior to submission of any mortgage application, PMS members should confirm what remuneration will be paid by contacting the lender directly. PMS will not reimburse members for any differences between figures listed and the amount received by the member from the lender. Refer to lender for more information. PMS is a trading style of Premier Mortgage Service Limited. A company registered in England and Wales with number 5011650. Registered office: Pixham End, Dorking, Surrey, RH4 1QA. Gross Fee Net Fee Lender / Product Fee Min Max Fee Min Max 0.40% + All Products 0.40% £25 Ecology Building Society www.ecology.co.uk | Lends in England, Scotland, Wales and Northern Ireland | Procuration fee paid directly by the lender All Products 0.35% £300** £1,000 0.35% £300** £1,000 Enterprise Finance www.enterprisefinance.co.uk | 02087 315 333 Dependent on lender and product. Call Enterprise Finance directly. Family Building Society www.familybuildingsociety.co.uk | Lends in England and Wales | Procuration fee paid directly by the lender Fixed Rates / Owner Occupier / Retirement Lifestyle 0.42% £180 0.40% Family Mortgage 0.57% £256.50 0.55% Offset 0.52% £234 0.50% BTL 0.52% £234 0.50% Further Advance 0.25% 0.23% Product Switch 0.20% 0.18% Fleet Mortgages www.fleetmortgages.co.uk | Lends in England and Wales | Procuration fee paid by PMS BTL 0.50% 0.45% Foundation Homeloans www.foundationforintermediaries.co.uk | Lends in England and Wales | Procuration fee paid by PMS All Products 0.50% 0.45% Furness Building Society www.furnessbs.co.uk | Lends in England, Scotland and Wales | Procuration fee paid by PMS Residential & BTL 0.40% 0.38% Hanley Building Society www.thehanley.co.uk | Lends in England and Wales | Procuration fee paid by PMS Residential 0.35% 0.33% BTL 0.40% 0.35% Self-Build 0.50% 0.45% Halifax Intermediaries www.halifax-intermediaries.co.uk | Lends in England, Scotland, Wales and Northern Ireland | Procuration fee paid by PMS All Products incl. Product Transfers 0.33% 0.32% Hinckley & Rugby Building Society www.hrbs.co.uk/introducers | Lends in England and Wales | Procuration fee paid directly by the lender 0.35% + All Products £225** £1,250 0.35% £225** £1,250 £25 Hodge Lifetime www.hodgelifetime.co.uk | Lends in England, Wales and Scotland | Procuration fee paid directly by the lender Lump Sum, Lifetime / Additional, Flexible Lifetime / Additional 2.25% + £11,250 2.25% £11,250 Borrowing £50 2.25% + 2.25% + Flexible Lifetime Mortgage 0.15% + £11,250 £11,250 0.15% £50 1.25% + Retirement Mortgage / Additional Borrowing £300 1.25% £300 £50 2.25% + Index Lifetime Mortgage / Additional Borrowing £10,265 2.25% £10,265 £50 55+ Mortgage and 55+ Retirement Interest Only (RIO) 0.55% £225 0.50% £225 Procuration fee paid by PMS InterBay Commercial www.interbay.co.uk | Lends in England and Wales | Procuration fee paid by PMS BTL, Commercial and Semi-Commercial 1.05% 0.85% *Subject to minimum loan size set by the lender (£30,000).