Habito boosts proc fees and brings in BTL cashback | Mortgage Strategy

Img

Brokers who deal with Habito will receive a gross procuration fee of 70 basis points, up from 50 basis points gross, for the next three months.

The moves comes as Habito introduces a series of changes to its buy-to-let products that will also be in place until 28 February 2021.

All Habito BTL products will come with £500 cashback or £750 cashback for any fee-assisted remortgage deals.

The firm says that the extra funds should come in useful to landlords in the months that typically see increased expenditure on, for example, boiler services, roof repairs and holiday void periods.

Earlier this year, Habito launched a new broker portal in partnership with Connect for Intermediaries.


More From Life Style