Broker Fee Agreement for Financial Services | UK

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.
  • Governed by the laws of England and Wales.
Document Type: Microsoft Word
Last Updated: 19-May-2021
SKU: 4896
$12.49
Related products
Picture of Confidentiality & Disclosure Agreement for Business Brokers

Confidentiality & Disclosure Agreement for Business Brokers

Business brokers, protect your leads by having potential buyers sign this standard-form Confidentiality & Disclosure Agreement.

  • The buyer agrees that all dealings will go through the broker, who has entered into a separate agreement with the seller for payment of commissions.
  • The buyer agrees to keep confidential all information provided with respect to any business that the buyer is interested in acquiring.
  • The broker gives no warranties regarding the accuracy of any information provided with respect to a business.
  • The buyer acknowledges that the broker is acting as the seller's agent.
  • If the buyer discloses information to a third party who purchases the business without going through the broker, the buyer is responsible for payment of commissions that would have been payable on the sale price.
  • This template is available as a downloadable MS Word template and is fully editable.
  • This is a generic form that can be used in many jurisdictions.
$7.99
Picture of Letter of Interest / Loan Proposal from Broker

Letter of Interest / Loan Proposal from Broker

Brokers, use this easy template to write a letter of interest and loan proposal to a client who needs a loan to capitalize its business.

  • The broker would be given the exclusive mandate to source out conventional financing up to an agreed maximum amount.
  • Upon agreeing to the terms, the client will pay the broker a retainer to cover expenses.
  • The broker will be paid a commission that is a percentage of the total funds acquired.

You can use the Letter of Interest ⁄ Loan Proposal template as many times as you like. Purchase, download, personalize it with the details, print and sign - it's that easy.

$6.29
Picture of Using a Broker to Help You Sell Your Business

Using a Broker to Help You Sell Your Business

Should you attempt to sell your business yourself or use a broker? This expert guide discusses the benefits of using a broker or intermediary to sell it for you.

Whether you decide to use a licensed business broker, a lawyer or an accountant experienced in buying and selling privately-owned businesses, there is a lot they can bring to the process. The guide covers a range of topics including:
  • retaining an intermediary,
  • how commissions are determined,
  • completing a business review,
  • provisions of the listing agreement,
  • preparing and implementing a marketing plan,
  • negotiating the deal,
  • due diligence and the definitive agreement,
  • closing the sale,
  • licensed brokers vs. unlicensed intermediaries.

You know your business. But do you know how to sell it? Read Using a Broker to Help You Sell Your Business and decide if an intermediary is right for you.

$12.49