The information contained in this website is intended for intermediary use only.
If you do not have professional experience you should not rely on it.
Introducer Package via Advice Times
Why Advice Times?
PACKAGED PROC FEE £750
Based on average loan of £150,000 based on 0.5% of the loan assuming impaired credit). You receive 100% Proc Fee.
CLIENT FEE 0F £1500
CHARGED TO CUSTOMER
Based on 1%, max charge of 1.5% allowed - introducer receives this on completion
INSURANCE COMMISSION TOTAL £800
Based on an average case, assuming introducer status - commission for life, CIC, B&C, ASU & PHI. You receive 50% Insurance commission.
£100 FOR INSTRUCTING
OUR SOLICITORS
WE DEDUCT £499 ADMIN FEE
OPTION 1 - Foundation Introducer
Suitable for businesses whose primary business is some other activity (eg. solicitors and accountants).
Only need to provide contact details (eg. name and address for mortgage business only).
Commission not paid on any Non-Investment Insurance business arising out of the introduction.
Additional information to accompany your application
Data Protection Registration Number. If not already registered, register to handle the information under Data Protection Act at www.informationcommissioner.gov.uk . You will need to post the notification form with £35 annual payment to the Information Commissioner. As evidence of registration please copy notification form & cheque then return with your Introducer Application.
OPTION 2 - Intermediate Introducer
Suitable for businesses whose primary business is some other activity eg solicitors and accountants.
Only need to provide contact details (eg. name and address for mortgage business only).
Commission is paid on any Non-Investment Insurance business arising out of the introduction.
Additional information to accompany your application
Data Protection Registration Number. If not already registered, register to handle the information under Data Protection Act at www.informationcommissioner.gov.uk . You will need to post the notification form with £35 annual payment to the Information Commissioner. As evidence of registration please copy notification form & cheque then return with your Introducer Application.
Copy of proof of identity certified by The Mortgage Times Group Ltd or 3 rd party, such as another regulated firm, government department, UK solicitor or doctor. The copy should be signed & dated with the comment "original seen" & "the photograph is a true likeness of the individual I have seen"
