The organisation believes the move will be welcomed by brokers, many of whom it has worked with for a number of years. This change will take place from March 17th (for any applications that go to completion from this date).
Steven Marks, Corporate Development Executive at NBSIS said:
“We are aware there are increasing demands on brokers and wish to ensure they are properly rewarded for the invaluable job they do.
“Mortgage brokers are an essential part of our business and we have a long-term commitment to working with them. This increase is representative of that. This positive change also ensures we have the strongest proposition possible for our intermediary partners."
