Important update – Santander to pay retention procuration fee

We’ve announced that we’ll be launching the payment of a 0.20% procuration fee on residential and Buy to Let retention business submitted via our existing Online Mortgage Transfer Service that then goes onto complete.

We’re implementing this change on a phased basis. The phased roll-out will start from 1 March and will be fully rolled out to all intermediaries by 1 July. 

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