Network Data Ltd’s fee structure is very simple. There are no application fees or annual percentage charges and PI cover is included within the monthly membership fee.
All new applicants from 1st April 2004 will be charged £80 a month per firm, which includes one adviser, plus £40 a month per additional adviser.
Existing members and applicants applying before 31st March 2004 will qualify for a discounted membership fee of £60 a month per firm which includes one adviser, plus £30 a month per additional adviser.
These fees are all fixed until the end of 2004.
Membership fees include Network Data Ltd’s tried and tested compliancy support, PI Cover and mortgageLink sourcing software.
Managing Director, Richard Griffiths comments
“We are ahead of the game in terms of preparation for regulation, having offered full compliancy support since March 2002. We have deliberately maintained our highly competitive pricing structure, so that we can continue to offer our members value for money, as well as a compliancy service that is second to none in the mortgage industry.”
