MORTGAGE PROMOTIONS ARRANGEMENT FEES (DIRECT PANEL)

Fees correct and updated on 21st November 2008.
With immediate effect.

Abbey
Abbey National
(via 0870 6000 367 to find out which centre)

Online Cases 0.30% of the advance, over £150,001 = 0.32% of the advance.
Flexible mortgage online applications 0.40% of the advance, over £150,001 = 0.42%
Long term fixed products prefixed:
K = 0.30% of the advance, over £150,001 = 0.32% of the advance + £150
U = 0.55% of the advance, over £150,001 = 0.57% of the advance + £150
W = 0.65% of the advance, over £150,001 = 0.67% of the advance + £150
Y = 0.65% of the advance, over £150,001 = 0.67% of the advance + £150
Alliance & Leicester
Alliance & Leicester
via www.al.intermediary.co.uk/. choose Mortgage Promotions (tick box as the nominated Mortgage Club)

On-line applications for loans greater than £25,000
Prime 0.30% of the advance, over £150,001 = 0.32% of the advance (Max fee £2,450.00)
Self cert 0.45% of the advance, over £150,001 = 0.47% of the advance Max fee £4,950.00)
Buy to let 0.50% of the advance, over £150,001 = 0.52% of the advance (Max fee £4,950.00)
Plus Mortgage 0.52% of the advance, over £150,001 = 0.54% of the advance (Max fee £2,950.00)
Near prime 0.60% of the advance, over £150,001 = 0.62% of the advance (Max fee £4,950.00)

Bank of Ireland
Bank of Ireland Mortgages

Standard, £1m plus and 1st Start 0.35% of the advance (minimum £175.00)
Buy to Let/Professional Buy to Let 0.55% of the advance (no minimum)
Self Certification 0.50% of the advance (no minimum)

Bankinter
Bankinter
(Via www.mortgagepromotions.co.uk/bankinter.htm)
 
45% of the commitment fee.
Banco Halifax Hispania
Banco Halifax Hispania
(Via 0845 6003603)
0.70% of the advance.
Bank of Scotland
Bank of Scotland
(Via 0845 306 0034)

For loans greater than £25,000
Mainstream/Large loans/100% 0.34% of the advance (min £200.00)
Self certification* (Personal Choice) 0.39% of the advance (min £200.00)
Buy to let* 0.49% of the advance (min £200.00)
*Not applicable if HVR selected when 0.01% of the advance is paid.

Bank of Scotland
Bank of Scotland International
0.35% of the advance
BM Solutions
Birmingham Midshires
(Via www.bmsolutions.co.uk choose Mortgage Promotions payment route)
3mc

 

Buy to Let: 0.46% (minimum £200 maximum £5,000).
Self-certification: 0.36% (minimum £200  maximum £5,000)
Near prime 0.56% (minimum £250 maximum £5,000
Sub-prime 0.91% (minimum £250 maximum £5,000)
Self build: 0.46% (minimum £200 maximum £5,000).
H2H: 0.46% (minimum £200 maximum £5,000).
Mainstream: 0.31% (no minimum or maximum)

3mc option ONLINE packager
Near Prime 500: 0.4% (max £4000)
Near Prime 1500: 0.4% (max £4000)
Near Prime 3500: 0.55% (max £4000)
Light/Medium: 0.7% (max £4000)
Heavy/Unlimited: 0.9% (max £4000)

Bristol and West
3mc

Bristol & West Mortgages
(Via Intermediary Enquiry Line 0117 9437755)

Via Mortgage Promotions
Prime 0.35% of the advance (over £150,001 = 0.37%)
Buy to let and self cert 0.55% of the advance (over £150,001 = 0.57%)
Lifetime 1.05% of the advance (over £150,001 = 1.07%) All minimum £180.00

3mc option ONLINE packager
Self Cert 0.55%
BTL 0.55%
Offset Flex 0.55%
Prime 0.35%

Build Store
Build Store
0.30% of the advance, (maximum Accord £1,384, Skipton Building Society £3,500
The Mortgage Business £1,675)
Chelsea
Chelsea Building Society
(via 08702 404808 or local branch)

0.35% of the advance (minimum £200.00).
Self cert 0.48% of the advance
Near prime 0.68% of the advance.
0.98% of the advance on the Prospect mortgage

Cheltenham & Gloucester
C&G for Intermediaries via C&G Caseflow on line system.

Normal loans – 0.34% of the advance
5 & & year fixed rates - 0.39% of the advance
Fixed rate plus – 0.44% of the advance
Buy to let – 0.49% of the advance

db mortgages 3mc

Available through 3mc option ONLINE packager only (click on the 3mc logo for for more details).
Self Cert All products 0.50%
BTL All products 0.50%

Conti Financial Services Ltd

Conti Financial Services Limited

30% (over £150,001 = 32%) of either the final arrangement fee or procuration fee received from the lender OR a combination of both.
Coventry
Telephone: 0845 7573612

Standard Residential, Offset and FTB 100% - 0.32% of the advance,
(Maximum £3,000.00 minimum £200.00)

Intermediary Partners
First Active

First Active (via 08459 00 11 11)

0.30% of the advance, over £150,001 = 0.32% of the advance
(maximum £5,900.00 minimum £225.00)

First National

3mc

Available through Primrose Mortgage Processing and 3mc option ONLINE packager only
(click on the Primrose Mortgage Processing and 3mc logos for more details).

3mc option ONLINE packager
Near Prime / plus 0.55%
FTB/FTB plus 0.55%
Ultralight 0.60%
Light 0.60%
L2M 0.85%
Medium/High 1.00%
BTL 0.40%
   
First National Direct 2u

Near Prime, Near Prime Plus 0.57% of the advance (maximum £9,950.00)
First Time Buyer, First Time Buyer Plus 0.57% of the advance (maximum £9,950.00)
Ultralight 0.57% of the advance (maximum £9,950.00) Light 0.72% of the advance (maximum £9,950.00)
Light-to-Medium 0.85% of the advance (maximum £9,950.00)
Medium 1.07% of the advance (maximum £9,950.00)

Godiva
Telephone: 0845 7573612

Buy to let and Self-certified 0.32% of the advance, (Maximum £3,000.00 minimum £200.00) Near Prime 0.62% of the advance.
Extra light and light 0.99% of the advance (maximum £3,000.00 minimum £200.00)

Halifax Mortgage - 0.31% of the advance (no minimum)
Further advance to an existing Halifax Mortgagor – 0.31% of the advance (minimum £200.00)
Product Transfer of an existing Halifax Mortgagor to a refinance product - 0.31% of the advance (no minimum)
igroup 3mc

Available through 3mc option ONLINE packager only
(click on the 3mc logo for for more details).

Intelligent Finance
Intelligent Finance
(via 0845 601 4343 or www.broker.if.com)
Additional information on ww.brokerinfo.if.com

Active offset - 0.59% (Initial rate 0.33% plus 0.26% for Activation)
Non-active offset - 0.33%
Non-offset - 0.33%

Kensington


Kensington Mortgages (via 0800 111 020)

Via Mortgage Promotions
Prime
Verified, Self Cert & Buy to Let – 0.40% of the advance

Leeds Building Society
Leeds Building Society
(via processing centres)
For loans greater than £25,000 0.35% of the advance (minimum £175.00)
Non conforming range Near Prime and Light Adverse – 0.75% of the advance,
over £150,000 – 0.77%
db mortgages 3mc

Available through 3mc option ONLINE packager only
(click on the 3mc logo for for more details).

Mortgage Trust
Mortgage Trust (via 0870 411 2488)
(quote parent code 703996)

Via Mortgage Promotions
0.55% of the advance (over £150,001 = 0.57%) for buy to let.

Nationwide
Via http://www.nationwide.co.uk/intermediaries

0.35% of the advance.
Plus £15 for society buildings insurance sale, £25 for society contents insurance sale
and £35 for society ASU sale. 
No fee if loan => 95%

Intermediary Partners
Nat West
NatWest Mortgage Services (via 0845 3020192)
(quote scheme "005064" primary box and
"J972" secondary box)

For loans greater than £25,000 - 0.50% of the advance, over £150,001 = 0.52% of the advance
(maximum £5,900.00 minimum £225.00) provided Natwest has not paid a fee to the same client in the last 12 months.
Northern Rock
Northern Rock (via 0191 522 3374)

Together Products
Ported Together - £190 flat fee.

Other residential products.
0.33% of the advance  (min £165.00, no maximum). 
Ported residential - £190 flat fee.

Buy to let
0.33% of the advance (no min, or maximum).
Ported Buy to let £190 flat fee.

Lump sum and protected equity lifetime
0.98% of the advance (min £240.00, no maximum) of the lump sum released on completion
Ported lump sum and protected equity lifetime mortgage £190 flat fee.

Cash Plus Lifetime Mortgage
0.98% (min £240.00, no maximum) of the lump sum released on completions.
Ported Cash Plus Lifetime Mortgage £190 flat fee.

Insurance Procuration Fees
Single £100 Insurance Procuration Fee, payable for each Insurance sale, provided the mortgage completes.

Payable on:
Cover ME – Household Insurance
Paysafe – Mortgage Payment Protection Insurance
Buy to Let – Buildings Insurance

No renewal fee will be paid under this structure.

Platform


Platform (via 0845 600 7100)

Via Mortgage Promotions
Prime 0.37% of the advance (no minimum - maximum £3,975.00)
Niche (BTL, House Plus & Self-cert) 0.57% of the advance (no minimum - maximum £5,975.00).
Non-conforming almost prime (incl. BTL almost prime and RTB almost prime) 0.57% of the advance (no minimum - maximum £2,375.00).
Non-conforming BTL 0.82% of the advance (no minimum - maximum £3,975.00).
Non-conforming minor adverse 0.82% of the advance (no minimum - maximum £2,600.00)
Non-conforming light adverse 0.97% of the advance (no minimum - maximum £3,975.00).

Saffron Walden Herts and Essex
Saffron Building Society (via 020 8534 8141)
0.37% of the advance, over £150,001 = 0.39% of the advance (maximum £1,000)
Scarborough 3mc

Available through 3mc option ONLINE packager only (click on the 3mc logo for for more details).
Prime 0.55%
Near Prime 0.80%
Light Adverse 0.80%
Medium Adverse 1.10%
Heavy Adverse 1.35%
Specialist BTL 0.55%
Near Prime BTL 0.55%

Scottish Widows Bank
  
Scottish Widows Bank (via 0845 845 0110)

Normal product range – Advance up to £50,000 = £220.00, advance from £50,001 to £150,000 = £420.00, advance greater then £150,001 = 0.42% of the advance (maximum £1,900.00)
Lifetime Mortgage - 0.95% of the advance, over £150,001 = 0.97% of the advance (minimum £270.00 maximum £2,400.00

Skipton Intermediaries
Skipton Building Society (via 0870 241 2182)
Loans >£25,000. Standard Residential 0.30% of the advance (maximum £1,364.00)
Buy to let 0.47% of the advance (maximum £1,364.00)
Standard Life Bank
Standard Life Bank (via 0845 8458451)
0.42% of the advance.
The Mortgage Works

The Mortgage Works (via 0845 601 0763)

Via Mortgage Promotions
Buy to Let-Fixed and Variable Rate Products including 2,3 and 5 Year Fixed Rate Products - 0.45% of the advance
Self certified – 0.45% of the advance
BTL 7 year fixed rate product - 0.60% of the advance
BTL 10 year fixed rate product - 0.75% of the advance
BTL 15 year fixed rate product – 0.90% of the advance
100% Mortgage Product - 0.35% of the advance.

Intermediary Partners
The One Account
The One Account (via 08456 10 10 90)

Enhanced fee – Full One Account cases
0.30% of the advance, over £150,001 = 0.32% of the advance (maximum £5,900.00 minimum £120.00) provided he One Account has not paid a fee to the same client in the last 12 months
3 Month Top up fee
We will pay a top-up fee at the 3 month point after completion if the Customer's borrowings at that point exceed their day one drawdown amount by £20,000 or more, and the available facility following initial drawing was £20,000 or more.
We will pay a top up fee at the above rates at the point 3 months after completion (calculated on the customers’ balance or total agreed facility, whichever is lower) less any fee already paid.

Intermediary Partners
The Royal Bank of Scotland
The Royal Bank of Scotland
(via Helpdesk 0845 6000205)
(quote scheme "MPM" code)

0.30% of the advance, over £150,001 = 0.32% of the advance
(maximum £5,900.00 minimum £225.00) provided RBS has not paid a fee
to the same client in the last 12 months
 
West Bromwich Building Society
(via local branch)

Prime – 0.35% of the advance (maximum £2,187.50)

Woolwich
Woolwich
(via Intermediary Business Managers)

Open Plan Flexible - 0.34% of the advance (minimum £180.00)
Open Plan Offset - 0.50% of the advance (no minimum)
Buy to Let mortgage - 0.50% of the advance (no minimum) + £25 buildings and contents & £25 payment protection plan

RETENTION SCHEMES: loans over £100,000 0.18%, loans £50,000 - £100,000 = £185.00, loans up to £50,000 = £85.00

Woolwich Overseas

Spain - 0.45% of the advance
Portugal & Italy - 0.30% of the advance

TO QUALIFY FOR THE MORTGAGE PROMOTIONS PROCURATION FEES YOU MUST PRINT, COMPLETE AND FORWARD THE BROKER SUBMISSION SHEET WITH THE MORTGAGE APPLICATION FORM

UNSECURED LOANS
The Royal Bank of Scotland
(via 0131 523 2173/2147)
£225.00 per case
 
Please note all the lenders involved in Mortgage Promotions Limited reserve the right to alter the fees payable at any time without notice. E&OE.

Below are details of the Net Fees we pay you. If you require details of our Gross Fees for your KFI click here.

CLICK ON THE LENDERS LOGO FOR MORE DETAILS ON THEIR PRODUCTS,
POLICIES AND PROCEDURES