Proc fees - when your proc fee will be paid

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.  

Overview

How They're Different:

• Specialist lending criteria
• Fast and secure online applications
• Deal directly with the underwriters 

Criteria Highlights

The Landlord:

• Individuals
• SPVs
• Limited Companies
• Limited Liability Partnerships
• Universal Credit / DSS tenants

The Property:

• HMO & MUFBs 
• New build flats
• Flats above commercial
• Student lets
• Lease 55 years at the end of the term
• Ex Local Authority flats
• Up to 36-month Tenancy Agreement
• Corporate lets

The Financials:

• Loan: £50,000 - £1,000,000
• Max portfolio £5,000,000
• Min val £75,000 standard property
• Min val £75,000 HMO/MUFB