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Aldermore Launch Retention Procuration Fees

27 February 2017

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Aldermore, will launch a retention procuration fee for brokers on 3 April 2017 as part of its ongoing commitment to its broker partnerships and the mortgage intermediary market in general. 

Procuration fees will be available to you on completion of product transfers for existing Aldermore customers onto one of its Loyalty Mortgages. 

The key points: 

  • 0.30% (net) procuration fee
  • Available on the full range of Loyalty Mortgages: for Residential Owner-Occupied and Standard Buy to let customers
  • Customers will have access to the same rates and incentives, whether they are introduced via a broker or go to Aldermore directly.

Charles McDowell, Commercial Director, from Aldermore says: “Our proposition puts brokers at its heart. Brokers provide an indispensable service to their customers by giving them the right advice and ensuring the right customer outcome. I am delighted that we can give brokers the recognition they deserve by offering retention procuration fees.”

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