"I am delighted that we can give brokers the recognition they deserve by offering retention procuration fees."
Proc fees will be available to brokers on completion of product transfers for existing Aldermore customers onto one of its Loyalty Mortgages.
The fee will be paid on the full range, for both residential and standard buy-to-let products.
Charles McDowell, Commercial Director at Aldermore, said: “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.”
