Many financial advisors and mortgage brokers have started referring clients for utility referrals with some fantastic results.
Especially when clients are moving homes it is an ideal opportunity to ensure their utility services are reviewed for better deals and savings combining them in one straightforward bill.
Mortgage brokers can benefit from:
- additional revenue stream
- recurring income
- perfect bolt-on having reviewed affordability
- savings on utilities could be spent on other products, e.g. protection and/or GI
Referring clients is quick and simple and brokers earn referrals every time a client they introduce signs up and will continue to receive referral fee income for as long as that person remains.
Clients already have the services and thanks to their mortgage brokers they can see the savings a switch of utilities could make them.
You can request a FREE and no-obligation consultation with our recommended partners to explore how a utility partnership could benefit your business.