Leek United is now offering intermediaries product transfers that come with a procuration fee.

Available for both residential and buy-to-let mortgages, the 0.25 per cent fee will be paid via the broker’s mortgage club or directly within 14 days of completion.

Leek United head of sales and marketing Lisa Buckley says: “We continue to recognise the important role introducers play when advising customers on their mortgage options.

“This new initiative is a further commitment to our introducers, which acknowledges the ongoing work they do throughout the lifecycle of a mortgage.

“This exciting enhancement also includes the ability for the transfer request form to be completed and submitted online to ensure efficient processing and the highest level of service to our introducer partners.”