Proc fees for residential and buy-to-let mortgages
- For residential and buy-to-let business we pay a procuration fee by BACS of 0.40% of the amount borrowed (minimum £200).
- For limited company buy-to-lets we pay a procuration fee by BACS of 0.55% of the amount borrowed (minimum £200).
- For foreign nationals/returning ex-pats & RIO, we pay a procuration fee by BACS of 0.50% of the amount borrowed (minimum £200).
- Procuration fees are paid within ten days of the mortgage completing.