Procuration Fees

Here's a list of the gross fees we pay for each product type, as a % of the advance:

fixed rate and tracker deals...
Product	selected networks and clubs	other direct introducers	selected packagers
prime status	0.40%	0.30%	0.75%
prime self-cert	0.55%	0.40%	1.00%
buy-to-let	0.50%	0.30%	0.50%

A few points to be aware of:

• Although there is no minimum procuration fee, the minimum loan advance is £50,000.
  
• When you submit through a packager, you must include within the KFI, the broker & packager total combined fees.
  
• When you submit through a network or club the gross fee must be included within the KFI. Consult your network/ club for the net fee payable to you.
  
• If you have any questions on the fee structure or have an outstanding procuration fee query, please get in touch with us or your network or club.