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, maximum £3,000).
For Limited company buy-to-lets we pay a procuration fee by BACS of 0.55% of the amount borrowed (minimum £200, maximum £3,000).
Procuration fees are paid within ten days of the mortgage completing.