Genesis is enhancing procuration fees for intermediaries on products from The One account.
Until the end of July, Genesis is increasing the fee to intermediaries to 0.70% on The One account and 0.55% on the flexible mortgage option.
All applications submitted between June 1 and July 31 which go on to complete will be eligible for the enhanced fees.
John Lee, head of sales and marketing, says: “We have a good relationship with The One account and this latest initiative reflects the success we have had with its range of products. At Genesis, we are committed to providing the best products to intermediaries, and this promotion highlights just one of the competitive fees we are currently paying. Procuration fees are payable within 24 hours of completion.”
Brokers can access these products by contacting and registering with The One account by calling 0845 610 1090.
To take advantage of the increased procuration fee, intermediaries need to add a Genesis direct submission sticker to their application form and send a submission form to Genesis.