Clydesdale increases proc fees
John Tooth, head of intermediary distribution at Clydesdale Bank, said the rise shows the bank’s continued commitment to the broker market.
He said: “We’ve shown a strong commitment to the intermediary market through the ongoing development of products and services specifically designed for them.
“In turn, they have provided us with a successful distribution channel that has helped us grow our mortgage lending. It is a valuable relationship, and their support is appreciated.
“To ensure we, in turn, support our broker partners appropriately, we regularly review our proposition.
“As a result, I am pleased to be able to announce increased fees for both Directly Authorised brokers and networks.”
The new fees come in from 2 February.