Product/Service | What we charge & receive | What we pay you |
---|---|---|
Lifetime Mortgage | We charge a broker fee of £995 to the client to complete the work and also receive a percentage of the loan as a procuration fee. |
Up to 50% of the procuration fee. |
Commercial Finance | We charge 1% of the lend as a broker fee to the client and receive a percentage of the loan as a procuration fee from the provider. |
|
Development Finance | We charge 1% of the lend as a broker fee to the client and receive a percentage of the loan as a procuration fee. |
|
Residential Mortgages | We charge a £299 broker fee to the client and we receive a percentage of the loan as a procuration fee. |
|
Buy to let Mortgages | We charge a £399 broker fee and we receive a percentage of the loan as a procuration fee. |
|
Portfolio Landlord (4 or more) | We charge 1% of the lend as a broker fee and we receive a percentage of the loan as a procuration fee. |
|
Second Charges | We charge a £999 broker fee and we receive a percentage of the loan as a procuration fee. |
|
Bridging Loan | We charge 1% of the lend as a broker fee to the client and receive and a percentage of the loan as a procuration fee. |
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Cash Flow Lending | We charge a £499 broker fee and we receive a percentage of the loan as a procuration fee. |
The procuration fee is dependent on the size of the loan and lender.