Procuration fees
When producing an ESIS, you are required to enter the total fee paid by the lender to BuildLoan and the figure paid to the network/mortgage club/or yourself if submitting business directly, as detailed in the following table. The figures should be entered as monetary values.
Total proc fee paid on to networks / mortgage clubs *
0.40%
0.40%
0.40% [Max £2,800]
0.40% [Max £5,052]
0.40%
0.40% [Max £7,200]
0.40%
0.40% [Max £4,000]
0.40%
0.40%
0.40%
0.40%
Total proc fee where submitting business direct to BuildLoan *
0.35%
0.35%
0.35% [Max £2,450]
0.35% [Max £4,421]
0.35%
0.35% [Max £6,300]
0.35%
0.35% [Max £3,500]
0.35%
0.35%
0.35%
0.35%
Notes
Includes a free professional cost forecast to save your client time researching their build costs
Includes a free professional cost forecast to save your client time researching their build costs
Includes a free professional cost forecast to save your client time researching their build costs
* On occasion, procuration fees may be varied for specific products, where this is the case the product documentation will confirm this.