National Counties raises proc fees to 0.35pc

Currently proc fees stand at 0.20% on 2-year products and 0.25% on 3-year products, as fees depend on the loan term length.

Keith Barber, associate director, business development, said: “The intermediary market continues to be extremely important for National Counties.

“We hope this move demonstrates our commitment to the broker market, and together with our evolving and innovative products, offers an excellent opportunity for brokers to serve those clients whose needs aren’t being met by traditional lenders.”

The fee changes will apply to National Counties and Family Building Society products.