Clydesdale increases proc fees

Ryan Fowler

January 28, 2015

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.

Sign up to our daily email