The deal is available on all products and proc fees increase incrementally based on the value of the product.
Em- says that continued work on its free sourcing tool ‘minuteman’ has allowed it to base proc fee options on standard application submission and on-line submission.
This has resulted in increased proc fees for online submission due to reduced processing costs.
Simon Mouncher, operations director at em-, says: ” It was important we continued with our IT investment at a time when others are solely concentrating on survival.
“The increased proc fee will be an incentive to use our on-line application and help brokers reduce the time taken in the mortgage process.”
Em- says it hopes to announce further developments in October.