Estate Agent – Fees

IMPORTANT POINT:

  • No Opinion of Valuation required: See:  Application Section 3

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CHAIN FREE®

1.Your firm acting for us when your client joins the Home Owners Plan™ and TAKES the Fall Back Price®:

1.1 Your firm will be instructed by us to sell the home owners house for sole agency 1.5% Resale Fee.

1.2 It is precondition of us instructing your firm to sell the home owners house that your firm accepts both Responsibilities below.

2. Your firm acting for your client when they join the Plan and do NOT take the Fall Back Price®:

2.1 Your client will pay your firms Sale Fee (agreed with them) if they do not take the Fall Back Price® and your firm sells their house.

2.2 IMPORTANT POINT: If your client does not take the Fall Back Price® and your firm sells their house (exchange of contracts) within your clients 40 week Facility Period for more than the Fall Back Price® we will pay your firm a £1,000 Success Fee in addition to the Sale Fee paid by your client.

CHAIN MENDER®

3. Your firm acting for us when your client TAKES the Provisional Price™:

3.1 Your firm will be instructed by us to sell the home owners house for a sole agency 1.5% Resale Fee.

3.2 IMPORTANT POINT: If your firm sells the home owners house for Albani (exchange of contracts) within 20 weeks from Valuation for more than Valuation we will pay your firm a £1,000 Success Fee in addition to the 1.5% Resale Fee paid by us.

3.3 It is precondition of us instructing your firm to sell the home owners house that your firm accepts both Responsibilities below.

RESPONSIBILITIES

Responsibilities At Drawdown Date

Responsibilities After Drawdown Date