Bath Building Society has upped proc fees for all new residential and buy to let business to 0.4% and 0.3% for product transfers.
Commenting on the fee changes Bath BS head of intermediary mortgage sales Ben Hutchings said: “We wanted to show our commitment to our broker partners when placing new business with us but also to recognise the work that goes in to finding the best new mortgage when existing products mature.”
Earlier this week Bath BS introduced its credit repair range, in response to broker feedback. The range has been designed to help borrowers with historic credit issues to obtain a mortgage at a more competitive rate. The range offers access to three new products, up to 70% LTV:
RDF185 70% residential 5.69% fixed for two years
RDF174 70% residential 5.39% fixed for five years
RDD177 70% Residential 2.15% discount from SVR for two years
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