Furness for Intermediaries (FFI), the intermediary arm of Furness Building Society, is working to introduce broker procuration fees for product transfers in Q2 2019

The product transfer procuration fees will be introduced as part of the lender’s increased focus on building strong, long term intermediary relationships.

The fees are being introduced to recognise the work brokers carry out while looking at product transfers and is part of FFI’s strategy of building long term mutually beneficial relationships with brokers and their customers.