Following market feedback from brokers we’re pleased to announce that we are increasing our maximum procuration fee for residential, Buy-to-Let and Product Transfers from £10,000 to £20,000.
This change will come into effect from 19th January and will be applied to new applications submitted from this date.
As a reminder – last year we simplified and reduced our valuation fees and the new price bandings are as follows (if you select a product with a valuation fee):
Purchase price or property value up to and including £3million = £102 + £75 admin fee = £177
Purchase price or property value above £3million = £1,380 + £75 admin fee = £1,455
For any properties valued over £10m these are available, upon request via LGSS.
To find out more, please visit the
website <https://www.intermediary.natwest.com/intermediary-solutions.html> or contact the team via