The incentive comes into effect on Tuesday 7 May and will run for a limited period.
On the buy-to-let side the fee has been reduced to £149 from £250, and includes a valuation of the property, and all fees associated with processing the mortgage application.
Brian Pitt, Director Sales and Marketing comments "In our market, onerous upfront costs can severely restrict the options that clients can take advantage of and this is a big step towards developing wider appeal.
"Additionally, as Future Mortgages receives 35 per cent of mortgage applications online, we have the luxury of processing ever-increasing volumes whilst maintaining the highest service standards. This incentive is valid for a limited period and we would encourage introducers to take advantage of this cost saving for their clients as soon as possible."
