One of the nice things about living in medieval Europe, assuming you were a noble, was the simplicity of procuring what was needed for the kingdom. From the noble's perspective, the process of ...

Lenders’ decision to pay procuration fees has been driven by a switch in the Bank of England’s lending scheme, according to the Association of Mortgage Intermediaries (Ami). In its latest econ ...

The FCA says it does not believe that variations in the level of procuration fee paid by different lenders lead to bias among brokers or poor outcomes for borrowers. The watchdog reached this ...

Furness for Intermediaries will now offer a 0.30 per cent procuration fee for product transfers carried out by brokers. The procuration fee is applicable on residential and buy-to-let mortgage deals.

Barclays has introduced a procuration payment of 0.3 per cent on all new residential and buy-to-let further advance cases. The high street lender said the fee would be included on all ...