Proc fees - when your proc fee will be paid
Product Type |
When does the lender pay PMS? |
Frequency |
All |
Cases completing between 1st - 15th - paid same month
Cases completing between 16th -31st - paid following month |
Daily. |
Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.