Aldermore to launch mortgage retention procuration fees for brokers

POSTED: 24th February 2017
IN: Newsroom

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.”


For further information, journalists can contact:

Rachael Snelling, Aldermore
Phone:          0208 1853 102

Rozie Green, Lansons
Phone:          0207 566 9724

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