The commercial packager hopes that the move will help encourage intermediaries to seek out the benefits of working with a packager in light of current trading conditions.
Joe Breeden, operations manager at Crystal Mortgages, said the move was extremely important for increasing its market share and for pre-empting any future regulation.
He said: "We have realised that the broker fee is a major bone of contention for intermediaries and we want our brokers to feel more comfortable placing their commercial cases with us. With the ongoing talk of TCF, we see this move as just that – treating customers fairly.”
Stephen Johnson, sales and marketing director at Commercial First added that he expected a positive reaction from brokers.
