Procuration fees
Procuration fees for directly authorised advisers

We work hard with our Mortgage Club lenders to give you some of the most competitive procuration fees in the market, which we’ll pay to you when the mortgage exchanges.  We can also pay you on completion if you prefer.

Have you got us set up as a payment route with our panel of lenders?  Use our guide to find out how to do this. 

Guide to registering with lenders and setting up your payment route

 

Claiming your procuration fees
As soon as the mortgage has exchanged, simply complete our short online form or call us on 0370 900 5010 to start the procuration fee payment process. We'll need your Legal & General agency number, the mortgage application number, exchange date and completion amount.

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Tier 1 - LGPSL Panel Lenders

Lender Gross Min Max Net Min Max Product description
Abbey for Intermediaries
0.370% 0.360% Standard products
0.470% 0.460% Flexi products
0.380% 0.370% 5 year fixed and tracker rate product (product code prefix K)
0.630% 0.580% 7 year fixed rate products (product code prefix U)
0.730% 0.680% 10 and 15 year fixed rate products (product code prefix W and Y)
0.370% 0.360% Switcher bank account
 
Limited Offer - Additional £150 payable on 5, 7 and 10 year fixed and tracker rate products (product code prefix K)  and all 7, 10 and 15 year fixed rate products (product code prefixes U, W and Y) that go through to completion.
Accord Mortgages
0.35% £200 £3,000 0.325% £185 £2,800 Mainstream application
0.35% £200 £3,000 0.325% £185 £2,800 Offset
0.30% £50 £3,000 0.275% £30 £2,750 Additional loan
0.30% £3,000 0.275% £2,750 Ported products
Ahli United Bank
0.55% 0.50% High net worth loans
Aldermore Mortgages
0.45% 0.40% All products
Alliance & Leicester
0.35% £4,000 0.35% £4,000 Prime products
0.35% £4,000 0.33% £3,715 Existing customers ported products - Prime
Bank of China (UK) Limited
£497.50 £300 Residential loans up to £150,000
£747.50 £425 Residential loans over £150,000 and up to £500,000
£1247.50 £750 Residential loans over £500,000 and up to £1million
0.25% 0.15% Residential loans over £1million
£847.50 £500 Buy to Let loans up to £150,000
£1,097.50 £625 Buy to Let loans over £150,000 and up to £500,000
£1,597.50 £950 Buy to Let loans over £500,000 and up to £1million
0.25% 0.15% Buy to Let loans over £1million
 
Please contact Connect Mortgage Group on 0844 880 9299 for information relating to products and the application process.  These fees may be subject to change.
BM Solutions
0.50% £200 £5,000 0.46% £200 £5,000 Buy to Let
0.35% 0.31% Mainstream
0.35% 0.31% Further advance - Mainstream
0.50% £100 £5,000 0.46% £100 £5,000 Further advance - Buy to Let
0.35% 0.31% Retention product - Mainstream
0.50% £200 £5,000 0.46% £200 £5,000 Retention product - Buy to Let
0.55% £200 £5,000 0.46% £200 £5,000 House to House
0.55% £200 £5,000 0.46% £200 £5,000 Self Build
£175 £150 Self Build Further Advance (existing TMB customers only)
 
Please note that no procuration fee is payable on the Standard Variable Rate product.

BM will only pay procuration fees on Further Advances for loans over £15k
BuildLoan
0.45% 0.43% BuildLoan - BM Solutions
0.30% 0.28% BuildLoan - Legal & General exclusive
0.30% 0.28% BuildLoan - Melton Mowbray BS
 
Please note that no procuration fees are payable on Product transfers

Additional £100 payable if your client signs up for a free BuildStore TradeCard. Payment will be sent direct from Buildstore.
C&G for Intermediaries
0.35% £175 0.34% £175 Standard products
0.40% £175 0.39% £175 5 and 7 year fixed rate products
0.50% £175 0.49% £175 Buy to Let
 
Procuration fees are only payable on loans more than £25,000.  A minimum procuration fee does not apply to Loan Split products.
Cambridge Building Society
0.400% £150 0.370% £125 Residential
0.400% £150 0.370% £125 Buy to let
0.340% £250 £3000 0.320% £250 £3000 Standard Residential - Godiva
Chelsea Building Society
0.40% £225 0.35% £210 Standard products
Coventry Intermediaries
0.34% £250 £3,000 0.32% £250 £3,000 Coventry Mortgages - Standard residential
0.34% £250 £3,000 0.32% £250 £3,000 Coventry Mortgages - Offset
0.34% £250 £3,000 0.32% £250 £3,000 Coventry Mortgages - First Time Buyer
0.34% £250 £3,000 0.32% £250 £3,000 Godiva Mortgages - Buy to Let
Halifax
0.32% 0.31% Standard products
0.32% £2,500 0.31% £2,400 Product Transfer and Further Advances under 75% LTV
0.20% £2,500 0.19% £2,375 Product Transfer and Further Advances between 75% and 90% LTV
0.15% £2,500 0.14% £2,300 Product Transfers and Further Advances over 90% LTV
Hanley
0.35% 0.30%
Kensington
0.50% 0.40% Prime
0.50% 0.40% Prime One
0.50% 0.40% Buy to Let
leeds_sll_logo
0.34% 0.33% All products
Leek United Building Society
0.350% £150 £1,750.00 0.320% £125 £1,500.00 All products
Mortgage Trust
0.55% 0.50% All products
0.25% 0.20% Further Advance
National Counties Building Society
0.10% £100 £250 0.05% £100 £250 1 year product
0.20% £100 £500 0.15% £100 £500 2 year product
0.25% £100 £625 0.20% £100 £625 3 year product
0.30% £120 £750 0.25% £120 £750 4 year product
0.35% £150 £875 0.30% £150 £875 5 year product
0.75% £400 £1,875 0.70% £400 £1,875 Lifetime
0.10% £100 £250 0.05% £100 £250 Residential Investment or Owner Occupied SVR
Nationwide For Intermediaries
0.35% plus £25 0.35% All products
Natwest_small
0.32% £250 £6,000 0.32% £250 £6,000 Mainstream
0.35% £250 £6,000 0.35% £250 £6,000 Buy to Let
 
Procuration fee only paid on loans above £25,000, or £10,000 for residential remortgages.
Newcastle Building Society
0.35% 0.33% 2 year products
0.35% 0.35% 3 and 5 year products
Northern Rock
0.37% £175 0.35% £175 Standard products
0.37% 0.35% Buy to Let
£250 £250 Ported products
 
Please note we receive an additional 0.02% on top of the £175 to retain when the minimum procuration fee is paid out.

Home Insurance referrals - A one off £50 procuration fee will be paid per Plus or Basic insurance policy sold. This will be subject to clawback if your client cancels the policy within the first year.
Norwich and Peterborough Building Society
0.50% £150 0.475% £145 Commercial products*
 
* Please refer to the lender as these fees may vary.
Paragon Mortgages
0.55% £300 0.50% £275 All products
0.25% 0.20% Further Advance
Platform
0.40% £4,000 0.35% £4,000 Standard products
0.50% £2,400 0.45% £2,400 Almost Prime
0.550% £2,750 0.500% £2,500 Buy to Let
Precise Mortgages
0.60% 0.50% Buy To Let
Scottish Widows Bank
£250 £200 Loans up to £50,000
£450 £400 Loans from £50,001 to £150,000
0.45% £2,000 0.40% £2,000 Loans over £150,000
1.00% £300 £2,500 0.95% £300 £2,500 Lifetime mortgages
Skipton Building Society
0.35% £3,500 0.30% £3,000 Mainstream
The Mortgage Works
0.55% 0.45% Buy to Let
0.35% 0.33% Guarantor mortgages
0.35% +£25 0.35% Mainstream products
Ulster Bank
0.25% 0.20% All products
Woolwich
0.35% £200 0.34% £200 Standard products
0.40% 0.35% Offset
0.35% 0.30% Buy to Let
0.20% 0.175% Retention - Mainstream
0.20% 0.175% Retention - Buy to Let
0.35% 0.34% Further Advance
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