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Engrossment fee
D_Dickenson
Posts: 206 Forumite
We are buying a new build sub sale (the original buyer is no longer able to make the purchase so we are taking it over).
His solicitor is charging us an engrossment fee (£100+VAT) and then an additional engrossment fee (£100+VAT) to 'include a split-receipt clause in your Lease which adds clarity to the sub-sale'.
Is this reasonable to charge two engrossments? We have not received the initial engrossed lease only the second which I had to return to them becuase it had included plans for the wrong property!
Should I argue it or let it go?
His solicitor is charging us an engrossment fee (£100+VAT) and then an additional engrossment fee (£100+VAT) to 'include a split-receipt clause in your Lease which adds clarity to the sub-sale'.
Is this reasonable to charge two engrossments? We have not received the initial engrossed lease only the second which I had to return to them becuase it had included plans for the wrong property!
Should I argue it or let it go?
0
Comments
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D_Dickenson wrote: »We are buying a new build sub sale (the original buyer is no longer able to make the purchase so we are taking it over).
His solicitor is charging us an engrossment fee (£100+VAT) and then an additional engrossment fee (£100+VAT) to 'include a split-receipt clause in your Lease which adds clarity to the sub-sale'.
Is this reasonable to charge two engrossments? We have not received the initial engrossed lease only the second which I had to return to them becuase it had included plans for the wrong property!
Should I argue it or let it go?
engrossment is just a poncey way of saying "typing". They are charging you £200+VAT for typing your contract, £100+VAT of which relates to typing one specific clause in the agreement.0 -
Thanks for that - I did wonder what the word meant.
Does it make sense there are two fees? As far as I know only one lease has been drawn up. Could another lease been drawn up and sent to the original buyer?0
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