We will pay a gross procuration fee of 0.4% on all new introduced business and 0.3% on all product transfers. The fee is usually paid within five working days following completion. Procuration fees may vary for our recognised Clubs & Packagers.

• Availability – Purchase & Remortgage up to 80% Loan To Value (LTV). Minimum deposit of 20% required.
• Flexibility – Overpayments up to 20% of the capital balance as at 1st January allowed in each calendar year without penalty.
• Portable.

For full repayment of a 5 year fixed product, you will pay 3% of the outstanding balance in years 1, 2, 3 & 4; 2% in year 5, plus a Closing Administration Fee (currently £100).

For overpayments of a 5 year fixed product, you will pay 3% on any amount exceeding your 20% limit in year 1, 2, 3 & 4, 2% in year 5.

For full repayment of a 2 year fixed or discounted product, you will pay 3% of the outstanding balance in the first year and 2% in the second year, plus a Closing Administration Fee (currently £100).

For overpayments of a 2 year fixed or discounted product, you will pay 3% on any amount exceeding your 20% limit in the first year and 2% in the second year.

• Our mortgage products now include a free valuation for lending purposes, but there are some circumstances where a valuation fee will apply. Please contact the team for further information.
• Product fee £999 for individual applications and £1,499 or £2,999 for limited company applications.

Lending Criteria and Information