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.
IP230 (Low cost option)
IP228 (£700K+ Loans)
All other products
Proc fee paid to BuildLoan by the lender
0.90%
0.80%
[Product specific, see below]
0.70% [Max £4,900]
1% [Max £10,000]
0.80% [Max 5,600]
0.95% [Max £12,000]
0.95%
0.95% [Max £17,100]
0.80%
0.90% [Max £9,000]
0.80%
0.80%
0.80%
0.80%
Total proc fee paid on to networks / mortgage clubs
0.40%
0.40%
0.35% [Max £2,450]
0.50% [Max £5,000]
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%
0.30% [Max £2,100]
0.45% [Max £4,500]
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