The Society will now pay brokers proc fees for all residential and buy-to-let product transfers.
The Society will now pay brokers proc fees for all residential and buy-to-let product transfers.
Higher-LTV fixed rates have seen the largest reductions.
The Bank offers brokers a 0.4% net procuration fee.
Large HMO/MUFB products have now been added to the new product transfer range.
The new process brings more options and greater efficiencies to brokers and their landlord clients.
Brokers have reported a surge in remortgaging with more to come throughout 2025.
The bank is also pledging no dual pricing and improving its product transfer process.
Rob Oliver, director of distribution at Dudley Building Society, explains why it's important for mortgage brokers to keep product transfers in mind, especially when advising complex...
The online system fact find questions will automatically determine if an application can follow the new process.
Sebastian Murphy, group director at mortgage and protection network JLM Mortgage Services, explains why the forecasts for product transfer volumes to rise again this year might not be...
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