Estate Agent – Fees

The seller must agree Sole Agency with your firm (if the seller takes our finance we will re-instruct your firm to sell their house).

IMPORTANT POINT: By bundling our £340 Administration Fee with the Sole Agency Fee your firm can recoup this cost from the £1,000 Success Fee we pay your firm.

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CHAIN FREE®

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

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

1.2 IMPORTANT POINT: If your client does not take the Fall Back Price® and your firm sells their house (exchange of contracts) within your clients 20 week Facility Period for more than the Fall Back Price® we will pay your firm a £1,000 Success Fee in addition to the Sole Agency Fee paid by your client.

2.Your firm acting for us when your client joins the Plan and TAKES the Fall Back Price®:

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

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

CHAIN MENDER®

3. Your firm acting for us when your client TAKES the Provisional Price™ (they do not join the Plan):

3.1 Your firm will be instructed by us to sell the home owners house for a 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