TMA increases proc fees

TMA will also pay out 0.34% on Leeds products and 0.32% on Coventry products.

LSL Property Services, which bought TMA three months ago, has announced that TMA is in discussion with a number of national and regional lenders with the aim of providing a whole range of new mortgages to TMA members.

Commenting, Phil Whitehouse, head of TMA, said: “TMA has always fought hard to get the best deals for brokers but now has the added strength and impetus of LSL behind it to help make this happen.

“The increase in procuration fees and the increase in the number of exclusive products have got to be good news for brokers but we are working hard to bring in a raft of new improvements for our members to benefit from.”