For intermediary use only

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.

Proc fee paid to BuildLoan by the lender
0.90%
0.80%
[Product specific, see below]
IP200 (Low cost option)
0.70% [Max £4,900]
IP197 (£700K+ Loans)
1% [Max £10,000]
All other products
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%
1.0% [Max 10,000]
0.80%
0.80%
0.80%
Total proc fee paid on to networks / mortgage clubs
0.40%
0.40%
IP200 (Low cost option)
0.35% [Max £2,450]
IP197 (£700K+ Loans)
0.50% [Max £5,000]
All other products
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%
0.50% [Max £5,000]
0.40%
0.40%
0.40%
Total proc fee where submitting business direct to BuildLoan
0.35%
0.35%
IP200 (Low cost option)
0.30% [Max £2,100]
IP197 (£700K+ Loans)
0.45% [Max £4,500]
All other products
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%
0.45% [Max £4,500]
0.35%
0.35%
0.35%
Notes
IP200 (Low cost option)
IP197 (£700K+ Loans)
All other products
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