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

The key aspects of the new offering:

  • 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 come 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.'

*Ends*
For further information, journalists can contact:

Rachael Snelling, Aldermore
Phone: 0208 1853 102
Email: Rachael.Snelling@aldermore.co.uk

Rozie Green, Lansons
Phone: 0207 566 9724
Email: rozieg@lansons.com
For further information about Aldermore, please review our Notes to Editorspage
Follow us on Twitter: @AldermoreNews

Aldermore Group plc published this content on 24 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 February 2017 10:03:05 UTC.

Original documenthttp://www.aldermore.co.uk/about-us/newsroom/2017/02/aldermore-to-launch-mortgage-retention-procuration-fees-for-brokers/

Public permalinkhttp://www.publicnow.com/view/DC99BC648C76B775010C3D1F9165078C9DC37555