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
0.8%
0.8%
0.8%
0.8%
0.8%
1.0%
0.8%
0.8%
0.8%
0.8%
[product specific, see below]
IS830 (low cost option)
0.7%
IS836, IS833 & IS834 (normal range)
0.8%
IS835 (£600K+ Loans)
1%
0.8%
0.8%
0.8%
Total proc fee paid on to networks / mortgage clubs
0.40%
0.40%
0.40%
0.40%
0.40%
0.50%
0.40%
0.40%
0.40%
0.40%
IS830 (low cost option)
0.35%
IS836, IS833 & IS834 (normal range)
0.40%
IS835 (£600K+ Loans)
0.50%
0.40%
0.40%
0.40%
Total proc fee where submitting business direct to BuildLoan
0.35%
0.35%
0.35%
0.35%
0.35%
0.45%
0.35%
0.35%
0.35%
0.35%
IS830 (low cost option)
0.30%
IS836, IS833 & IS834 (normal range)
0.35%
IS835 (£600K+ Loans)
0.45%
0.35%
0.35%
0.35%
Minimum proc fee paid on to all introducers
£500
IS830 (low cost option)
IS836, IS833 & IS834 (normal range)
IS835 (£600K+ Loans)
Maximum proc fee paid to all introducers
IS830 (low cost option)
IS836, IS833 & IS834 (normal range)
IS835 (£600K+ Loans)
Max proc fee of £2,000 for loans up to £500K. Max proc fee for loans up to £1m uncapped