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Increase in members’ procuration fees

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  • 14/01/2002
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Mortgage Promotions has increased members' procuration fees for business conducted through two of i...

Mortgage Promotions has increased members’ procuration fees for business conducted through two of its panel members. New applications will receive a flat fee of £180 from Cheltenham & Gloucester, or £505 if the advance is greater than £250,000. Business via Leeds & Holbeck will earn members 0.3% of the advance for loans between £25,000 and £125,000, with 0.32% paid on loans greater than £125,001.

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