We realise the importance of ensuring mortgage procuration fees are paid quickly. At Skipton, we aim to pay procuration fee payments to your network or mortgage club within 2 weeks of completion.

Residential Procuration Fees

Procuration fees are payable on all our residential products subject to a minimum loan of £25,000. Our normal maximum loan size is £1m, for any loans in excess of this amount please refer to your local Intermediary Relationship Manager.

We will pay a gross procuration fee of 0.40% for all introduced owner occupied residential business to your network or mortgage club.

Please note that Procuration fees are only paid on the amount of new net lending where a case is being ported.

For Shared Ownership cases we will pay a gross procuration fee of 0.45% to your network or mortgage club.

Buy to Let Procuration Fees

Procuration fees are payable on Buy to Let business subject to a minimum loan of £25,000 and a maximum loan of £750,000.

We will pay a gross procuration fee of 0.50% on all introduced Buy To Let business to your network or mortgage club.

Product Transfers

We also pay a procuration fee for Product Transfers.

We will pay a gross procuration fee of 0.30% for all residential Product Transfers and 0.35% for all Buy To Let Product Transfers to your network or mortgage club.

Please note - We reserve the right to seek return of any procuration fees paid to an Intermediary if the application is subsequently found to be fraudulent.