MORTGAGE PROMOTIONS ARRANGEMENT FEES (DIRECT PANEL)

Fees correct and updated on 19th August 2010.
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
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)

Bankinter
Bankinter
(Via www.mortgagepromotions.co.uk/bankinter.htm)
 
45% of the commitment fee.
Bank of Scotland
Bank of Scotland
(Via 0845 306 0034 Team Four)

Further Advance* and product transfers
Up to 75% LTV 0.34% of the advance
LTV of 75.01% up to 90% - 0.19% of the advance
LTV of 90.01%+ - 0.14% of the advance
*Excludes Personal Choice
Maximum commission £2,500.00

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)

Build Store
(via www.buildstore.co.uk/buildloan/home.html)

(Min £200/Max dependent on lender).
BM Solutions 0.43%
Information correct as at 12 August 2009 - please note that this increase is for a limited period only.
Melton Mowbray Building Society 0.28% of the advance (available to self builders within a 50 mile radius of Melton Mowbray)

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
(www.cheltglos-intermediaries.co.uk)
(quote business source code 074)

Normal loans – 0.34% of the advance
5 & 6 year fixed rates - 0.39% of the advance
Fixed rate plus – 0.44% of the advance
Buy to let – 0.49% of the advance, Minimum = £155.00.

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 - 0.32% of the advance,
(Maximum £3,000.00 minimum £200.00)

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 0.32% of the advance, (Maximum £3,000.00 minimum £200.00)

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 08701 276250)

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
0.23% of the advance
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

0.34% of the advance per completed case
Plus £15 for society buildings insurance sale, £25 for society contents insurance sale and £35 for society ASU sale.
No fee if loan => 95%

Nat West
NatWest Mortgage Services (via 0845 900 11 10)
(quote scheme "005064" primary box and
"J972" secondary box)

For loans greater than £25,000
Residential procuration fee – 0.31%* of the advance.
Buy to let procuration fee – 0.34%* of the advance
(Based on the first drawing of the client’s mortgage account provided RBS Group has not paid a fee to the same client in the last 12 months.  Maximum £5,900.00 minimum £225.00)

Northern Rock
Northern Rock (via 0191 522 3374)

Residential Products - (purchase only)
0.24% (subject to a minimum £175, no maximum).
Ported Residential - £200 Flat Fee.

Buy to Let
0.24% (no minimum or no maximum).
Ported Buy to Let - £200 Flat Fee.

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
Guarantor Mortgage Range – 0.33% of the advance
Buy to Let - Fixed and Variable Rate Products including 2, 3 and 5 Year
Fixed Rate Products - 0.45% of the advance

Woolwich
Woolwich
(via Intermediary Business Managers)

Residential - 0.34% of the advance (minimum £200.00)
Residential Offset - 0.35% of the advance (no minimum)
Buy to Let mortgage - 0.30% of the advance (no minimum)
Further advance - 0.34% of the advance (no minimum)
Retention - 0.18% of the advance (no minimum)
+ £25 insurance fee

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.

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