INFORMATION FOUND in this area of the website is INTENDED FOR USE BY PROFESSIONAL INTERMEDIARIES ONLY
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Fees

Larger Loans

For Owner Occupier applications where the loan exceeds £500,000 it should be noted that the product fee will be 0.30% of the advance.

For Buy to Let applications where the loan exceeds £500,000 it should be noted that the product fee will be 0.40% of the advance.

Expat Applications

For Expat applications the product fee charged will be the standard product fee or large loan fee (whichever is higher) plus 1.25%.

Eligibility for the fee can be checked by calling the Mortgage Desk on 01372 744155 prior to submission of the application and will be confirmed upon commencement of processing.

Procuration Fees:

Gross fee paid

Route All Owner Occupier Products^
(Gross fee paid)
Min fee
Adviser submits case directly to us (1) 0.35% £157.50
Adviser submits case via Mortgage Clubs 0.37%* £166.50
Route Offset Mortgage
(Gross fee paid)
Min fee
Adviser submits case directly to us (1) 0.50% £225.00
Adviser submits case via Mortgage Clubs 0.52%* £234.00
Route Family Mortgage
(Gross fee paid)
Min fee
Adviser submits case directly to us (1) 0.55% £247.50
Adviser submits case via Mortgage Clubs 0.57%* £256.50
Route All Buy to Let products
(Gross fee paid)
Min fee
Adviser submits case directly to us (1) 0.50% £225.00
Adviser submits case via Mortgage Clubs 0.52% £234.00

*Mortgage Club will deduct 0.02%

^ (excl. Family and Offset Mortgages)

(1) Directly authorised brokers submitting business to us directly

You can also submit business via our packagers: Manor Mortgages (inc. Manor Mortgages Direct), Solent Mortgage Services, Complete, Platinum Options, Brightstar, All Money Matters (TFC Homeloans), Promise Solutions, ATOM, Connect, Vantage Finance and The Mortgage Trading Company. Procuration fees via these routes may vary.

 Route For product switches
(Gross fee paid)
Min fee
Adviser submits case directly to us (1) 0.20% n/a 
Adviser submits case via Mortgage Clubs 0.22% n/a
 Route For further advances
(Gross fee paid)
Min fee
Adviser submits case directly to us (1) 0.25% £5.00
Adviser submits case via Mortgage Clubs 0.27% £5.40

Payment of Fees

Payments are made by cheque or Bacs, seven working days following completion. Cheques will be made payable to the intermediary firm and sent to the address registered with the Society. 

Where an intermediary is an appointed representative of a network or submits via a mortgage club, the payment will be made to these organisations, unless there are specific arrangements in place not to do so.

Any change of payment details or the registered address must be notified to the Society in writing. In cases where the introducer is an individual, the Society will declare details of the payments made when making its statutory return to the HM Revenue & Customs at the end of each tax year.


Valuation fees

We appreciate that you may also be interested to know about valuation fees that your client will be charged. The best place to find these is in our lending criteria documents so click through to the dedicated webpage where you're able to download the relevant one for your client. Please note that the Owner Occupier and Buy to Let lending criteria are different, so please ensure you download the correct one. 


Want to find out more?

If you have a specific case in mind and would like to discuss the options available to your client, please call us on 01372 744155. We can also arrange for your Business Development Manager to contact you.

Alternatively, you can email us at mortgage.desk@familybsoc.co.uk and one of our team will get back to you.

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