Access Financial Services has entered into a new partnership with Broker Conveyancing and SortRefer, giving its advisers access to a full referral fee on every conveyancing instruction placed through either portal.

The mortgage and protection brokerage said the move would create an additional revenue stream for its advisers at a time when many feel constrained by limited earning structures elsewhere in the market.

Nick Jones, mortgage sales and marketing director at Access FS, said: “A referral partnership like this, with two market-leading conveyancing distributors, represents a new revenue stream – outside of proc fees – for our advisers.

He said: “At a time when many brokers feel squeezed by restrictive pay structures and limited earning potential at other firms, Access FS is finding new ways to reward people. Our advisers will now receive 100% of every referral fee, boosting their income without adding to their workload.”

He added: “This is about being fair to our team: this initiative showcases the culture at Access FS – and should underline our unwavering commitment to our advisers.”

Jones said: “It reflects our culture: we listen to our advisers, act on their feedback, and build solutions that genuinely enhance their day-to-day business.

“Whether it’s lead generation, personalised compliance, or financial incentives like this one, everything they do is designed to help advisers thrive.”

PORTAL PARTNERS

Mark Tosetti, chief executive of Broker Conveyancing, part of Movera, said: “We’re delighted to collaborate with quality mortgage and protection brokers like Access FS. This deal will put 100% of the referral fee straight into the pockets of their advisers.

“Our partnership will give brokers a seamless, competitive conveyancing solution alongside the opportunity to earn some passive income – delivering real value to advisers and a smoother, more complete service for their clients.”

Kevin Tunnicliffe, chief executive of Sort Group, said: “Conveyancing is a necessary step when people are buying, selling or remortgaging – and this is where we can step in, to provide brokers with the tools to support their clients.”

He said: “Our portal was built with brokers in mind, to provide competitive quotes for conveyancing and other services to enhance the client experience during the mortgage appointment.”

GROWING PANEL

The agreements follow Access FS adding packager 3mc to its panel earlier in the month, as the firm continues to expand the support available to its advisers.