Platform

We’re Platform, part of The Co-operative Bank. As far as our products and services go, we work hard to deliver everything for both you and your client’s needs.

Proc Fees

Product Gross
Mainstream 0.40%
BTL 0.48%
Protection 0.30%
Product Type When does the lender pay PMS? Frequency
New Business

Marked as completed 7 calendar days after funds are released , the proc fee is then paid the week after paid the week after switching unless it switches on a Friday and then it’s the week after that

Weekly.
Product Transfer Marked as completed 7 calendar days after funds are released , the proc fee is then paid the week after paid the week after switching unless it switches on a Friday and then it’s the week after that Weekly.

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.  


Register Lender-InfoBoxWhite

Register to place business with Platform:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

Register