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2.
September
2021.
Beverley BS announces 0.05% proc fee increase

 

NEWS RELEASE

Thursday 2 September, 2021

Beverley BS increases fees paid to introducers

 

Beverley Building Society has today increased the procuration fee it pays for new mortgage business to 0.40% from 0.35%.

 

The East Yorkshire Society will continue to pay a highly competitive 0.35% for the business that is actively retained, to reward intermediary loyalty.

 

Our Head of Lending, Graham Carter, said: “This is another signal of how much we value mortgage brokers and the business they put our way. We recognises the vital role they play in supporting mortgage customers and lenders alike in today’s challenging marketplace.

 

“We have made this change to ensure we remain among the most competitive lenders when it comes to looking after our introducers.”

 

For any further information, or to arrange interviews, please contact Tracy Fletcher via tracy.fletcher@beverleybs.co.uk or 07983 633385.

 

 

Notes for editors

 

The Beverley team also aim to use their experience and expertise to lend in areas of the market where others won't, such as:

 

  • Properties with an annexe
  • Properties with large acreages attached
  • Guarantor mortgages, as well as joint borrower, sole proprietor
  • The minimum mortgage term we’ll consider is two years
  • Interest-only mortgages with downsizing as a repayment vehicle
  • Self-build mortgages and conversions, including those involving unusual properties.

 

Manually underwriting every case, and not using credit scoring, we can take the time required to review each application on its merits and do our best to say 'yes'?

 

Visit www.beverleybs.co.uk/mortgages for more details.