UK Broker Fee Agreement for Financial Services

This Broker Fee Agreement is an easy downloadable template for UK brokers to use when signing up a new client.

• The agreement covers fees for broker services only, and does not include other fees associated with mortgages and financial products.
• The agreement can be used for fee, commission, or combined fee / commission arrangements.
• If the client is applying for a mortgage, the client agrees to pay a non-refundable fee at the time the mortgage application is made.
• If the broker is being paid a commission on a regular premium insurance policy, the broker reserves the right to charge the client a fee if the client cancels the policy.
• The agreement contains a disclaimer stating that the broker is not qualified to provide legal advice. However, if the broker refers the client to a solicitor or other professional, the client agrees to pay a referral fee.

Do you need a standard form contract for your brokerage and financial services? Download this customisable template Broker Fee Agreement which can be used throughout the United Kingdom.