How soon will l need to pay any money?
When you have made the decision to purchase a property, we will then request you to pay £205.00 upfront to cover the cost of the initial disbursement searches that will be required in the transaction. These are namely, Local, Water/Drainage and Environmental Searches (see also “What searches do you carry out and why?”). The balance of the purchase price and our costs will be payable at least 7 days’ before completion unless you are borrowing more than 90% of the purchase price in which event we will then require the full amount prior to exchange of contracts (see also “How much deposit will I require to pay”). If you are just selling, we will not require you to forward any money in advance. The costs, disbursements and agents fees/commission will be paid out from the sale proceeds on completion before any remainder balance is sent to you.
