Procuration fees

Residential and Buy to Let Mortgages

If you have submitted your case through a network or packager the procuration fee payable to you is up to 0.50%, the amount payable to you is decided by your network or packager. As a guide we pay procuration fees to you or your chosen network, club or packager within 5 working days.

You may receive your payment sooner or later than 5 days depending on how your chosen submission route distribute their procuration fees to you.

If you choose to submit your case direct to Precise Mortgages the procuration fee payable to you is up to 0.40% and will be paid within 5 days.

Bridging Loans

Our procuration fees to networks and packagers vary.

If you have submitted your case through NACFB, a network or a packager the amount payable to you is decided by them.

As a guide you can expect to receive up to 1.30%. We pay procuration fees to you or your chosen network, club or packager within 5 working days. You may receive your payment sooner or later than 5 days depending on how your chosen submission route distribute their procuration fees to you.

If you choose to submit your case direct to Precise Mortgages the procuration fee payable to you is up to 1% and will be paid within 5 days.

Second Charge Loans

If you are submitting a case to Precise Mortgages direct the procuration fee payable to you is 1.25%.

If you choose to submit via one our clubs the fee may vary, if you choose to introduce a case to refer to one of our dedicated panel of Master Brokers, they will discuss your procuration fee with you.

For intermediary use only
BBR 0.25% / 3 month LIBOR 0.30%