From today, Thursday 5 October we’re increasing proc fees for product transfers - matching what we pay for new business.

We appreciate the hard work that you, our intermediaries, do in this ever-changing interest rate environment.

With the new Consumer Duty regulations, we recognise that product transfers are becoming more and more complex. We feel you should be rewarded for the additional work this entails, especially in what continues to be a difficult market for many.

Our new product transfer fee scale (for directly authorised introducers and appointed representatives) is as follows:

Further information is available on our website, including our newly increased proc fees for submissions through mortgage clubs.

View our new proc fees here

Why choose us

• No ‘computer says no’ underwriting – We’ll listen to your clients' stories and our human underwriters make a common-sense assessment based on the merits on each individual case.
• No credit scoring – We offer tailored credit checks, taking a holistic view of your clients' finances, not just assessing a predefined set of criteria.
• We lend to older clients - Unlike many mainstream lenders, we'll offer mortgages to people approaching or in retirement and will consider many sources of income such as pension pots. 

We have a team of BDMs ready, willing and able to answer any of your queries and guide you through the application process. If you don’t have a BDM in your area, you can contact our dedicated Mortgage Desk.

Thank you for your continued support.