0330 303 0236

24 Hour Payment

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24 HOUR PAYMENT OF PROCURATION FEES

AVAILABLE TO ALL TMA MEMBERS

Not only does TMA pay competitive procuration fees, we pay them quickly too! For ALL TMA members, we’ll arrange to transfer your funds (via BACS payment) within 24 hours of legal completion* with no solicitor’s signature required. All you need to do is log into ‘My Portal’ and fill in the payment request form online.

So if you don’t want to wait for your procuration fee from the lender, place your business through TMA and get paid quickly.

PRODUCT TRANSFERS

Where 24 hour payment is available for product transfers we will pay out commission subject to adviser confirmation on ‘My Portal’ that completion is within 3 months of form submission. If completion is not planned to occur within 3 months the adviser should submit payment request at the appropriate time (ie. within 3 months of completion) for payment in the usual way.

For support with the 24 hour payment claims process or to track the progress of your claim contact the TMA Support Desk on 0330 303 0236

Please note only selected lenders support this facility.

T&Cs
*TMA will pay procuration fees within 24 hours of the Lender confirming legal completion, subject to the following:
Any form received after 12 noon will be processed on the next working day
TMA will claw back funds already paid in the event of an overpayment or if funds have been paid incorrectly
TMA can only pay procuration fees within 24 hours of legal completion if a BACS form has been complete.