Related topic: Procuration fee

The procuration fee incentive will apply to applications received between 11th June and 19th July that complete by 30th September.

Proc fees are increasing to 0.3% for both residential and buy-to-let product transfers.

Zephyr has also launched a range of limited edition mortgage products with a 5% fee.

The Bank says the change reflects the detailed work that is often required when completing a product transfer.

The adjustment aligns procuration fees across Hodge's entire residential proposition.

The Society will now pay brokers proc fees for all residential and buy-to-let product transfers.

The higher procuration fee is available on both residential and buy-to-let product transfers.

The Society will pay a procuration fee of 0.2%.