The Mortgage Lender boosts proc fees by £250

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The Mortgage Lender is raising application procuration fees by £250 for selected products between 1 June and 31 August this year.

The deal marks TML’s one-year anniversary.

The enhanced proc fee will be paid alongside the standard variable proc fee on completed applications in product tiers one to six.

The enhanced fees will not be paid on fees-assisted remortgages.

TML sales and marketing director Pete Thomson says: “In July it will be a year since we launched as an intermediary-only lender, which is a proud moment for everyone involved with TML.

“In recognition of this milestone we will be paying an additional £250 procuration fee on selected products over the summer months as a thank you to those who have supported us over the last year.”