Broker Agreement Template for the UK

Use a broker agreement whenever an intermediary arranges a transaction of real value for you, in property and real estate, financial services, commodities, or freight and logistics. Put it in place as soon as you have found someone to represent your interests and need to fix commission, service scope, and performance expectations before any deal starts.

Timing matters most in regulated sectors, where FCA rules expect clear documentation of the relationship. Having the terms agreed up front keeps disputes over fees from arising, sets out how each party gives and receives support and updates, and creates a framework for resolving conflicts. It also decides who owns a lead when a counterparty comes in through a direct approach rather than the intermediary.

A signed broker agreement often follows a letter of intent or an initial offer, turning an informal partnership into terms both sides can rely on. If your commission strategy varies by deal (a flat rate on some transactions, a percentage on others), record each option in writing so nothing is left to memory once the deal completes.

• Broker Exclusive Agreement: Grants sole rights to a broker, commonly used in high-value transactions where dedicated representation is crucial
• Real Estate Broker Agreement: Specifically tailored for property transactions, covering property marketing and sale terms
• Buyer Broker Contract: Focuses on representing buyers' interests in property purchases
• Broker Carrier Agreement: Used in logistics and shipping to arrange freight services
• Real Estate Agent Agreement: Details day-to-day property marketing and viewing arrangements

• Brokers and Agents: Licensed professionals who provide intermediary services, from real estate agents to financial brokers regulated by the FCA
• Client Companies: Businesses seeking broker services to facilitate deals, manage investments, or acquire property
• Legal Teams: In-house or external solicitors who draft and review Broker Agreements to ensure compliance and protect client interests
• Compliance Officers: Ensure agreements meet regulatory requirements, particularly in financial services and real estate sectors
• Individual Clients: Private persons engaging brokers for property purchases, investments, or insurance arrangements

• Broker Details: Gather the broker's full business information, regulatory licences, and professional qualifications
• Service Scope: Define exact services, territories and locations covered, and any industry-specific requirements
• Commission Structure: Document all fee arrangements, payment terms, and performance-based incentives
• Duration Terms: Specify agreement length, renewal conditions, and termination procedures
• Regulatory Compliance: Check FCA requirements and relevant industry regulations before drafting
• Risk Management: Include clear dispute resolution procedures and liability limitations
• Document Generation: Use our platform to create a customised, legally-sound agreement that includes all essential elements

• Party Details: Full legal names, registered addresses, and company registration numbers of broker and client
• Service Definition: Detailed scope of broker services, territories covered, and any exclusivity provisions
• Commission Terms: Clear fee structure, payment triggers, and calculation methods
• Duration Clauses: Agreement period, renewal terms, and termination conditions
• Confidentiality: Data protection obligations and handling of sensitive information
• Regulatory Compliance: FCA requirements and relevant industry-specific regulations
• Dispute Resolution: Governing law, jurisdiction, and conflict resolution procedures
• Signature Block: Space for dated signatures with clear authority statements

A broker agreement differs from an Agency Agreement in several ways, though both involve intermediaries. The table below sets out the main differences so you can find the right document for your situation.