BM reveals standard proc fee

The lender has also announced it has delivered on its packager promises set out earlier in the year.

BM Solutions now provides packagers with a dedicated BDM as a local point of contact to assist with any case or criteria queries. Developments in technology have also seen packagers' in-house systems integrate with BM Solution's One Minute Mortgage application system. BM Solutions also offers a number of exclusive products.

Iain Williamson, head of national accounts at BM Solutions commented: "In recent times, the prominence of packagers has grown significantly. They really are a vital distribution channel – so it's important to work alongside them and ensure that our service matches their needs.

"For example, the technology integration can really reduce processing times and administration, which means that we're addressing the important issues for packagers."