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no sale no fee
thor
Posts: 5,505 Forumite
How common are no sale no fee conveyancers/solicitors?
and if a sale falls through do they charge nothing at all or only for the fees incurred up to that point(eg search fees).
I can see them waiving their own fees but can't imagine that they would not charge for anything they have already forked out on.
and if a sale falls through do they charge nothing at all or only for the fees incurred up to that point(eg search fees).
I can see them waiving their own fees but can't imagine that they would not charge for anything they have already forked out on.
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Comments
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My current one is no sale no fee. we will have to pay searches but not solicitors fees and it has to fall through because of other party. We obviously can't just pull out!0
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AFAIK they will charge their costs, such as imdemnity policies and searches, but not their fee.0
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this is why conveyancers quotes are divided into their fees and the disbursements - "no sale no fee" doesn't mean the same as "no sale no payment"!0
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depends on how far through the process you are. If you get to the end of your contract (for us this is twelve weeks) and haven't sold, then in most cases you can just walk away. You'd need to look at your contract.saving up another deposit as we've lost all our equity.
We're 29% of the way there...0
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