We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Withdrawal Fee's Thomas C Adams

Hi All,

I have read previous posts in relation to this matter but I am still wondering how this affect me so I was hoping someone could offer some advice?

My background:
I have had my property on the market with Thomas C Adams estate agents since January this year. The EA suggested we drop to £75k OIRO (from £80k) and go into their "summer sale" which they asked for £70 extra charge in return for some guaranteed appointments for the day in question (failed misreably nobody turned up).

Its now July and they failed to sell my house, best offer was £73k. TCA we rude and unprofessional, they suggested clients to view our property even though it wasn't what they were looking for. They have also lied about what other properties in my street have sold for too.

My Situation:
I asked them to remove my property and I have been told to cough up £240 as a withdrawal fee. Sadly I don't think they have it on the market anymore so can't just raise the asking price to avoid the fee.

We had marketed with TCA before and withdrew without a fee last year.

My Options:
I rang their accounts and requested a copy of my contract, however I am livid! I don't think I should have to pay, especially since they have had £70 off me already and they STILL didn't deliver.

My question is, can I avoid this fee somehow? I have read that it is legal for them to lever this fee, but I have read some people here saying not to pay and other to just say something like £50 full and final settlement without prejudice etc.

Can anyone help please?

Kind Regards,
SPADGE_2356
«13

Comments

  • eddddy
    eddddy Posts: 18,174 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi Spadge

    From a legal perspective, if the withdrawal fee was clearly stated in the contract you signed, I guess you have to pay it (assuming the EA met their contractual commitments).

    Having said that, it looks like your EA may be a member of the Property Ombudsman Service. See http://www.tpos.co.uk/search-results.php?name=Thomas+C+Adams&city=&postcode=&submit=Search+Members

    The POS Code of practice states that: "All fees and additional costs must be included in your Terms of Business. They must be fully explained, and clearly and unambiguously stated in writing." If you think that the EA failed to do this, I guess that you can complain to the ombudsman. The full code of practice is here: http://www.tpos.co.uk/downloads/Code%20of%20Practice%20for%20Residential%20Estate%20Agents.pdf

    But even if the ombudsman agrees that the EA breached the code of practice, I'm not sure that would excuse you from paying.
  • spadge_2356
    spadge_2356 Posts: 77 Forumite
    Well regardless of whether its written in the contract I was never made aware that they were now charging a fee (so wasn't that clear). When I called to ask to withdraw my property the lady had an opportunity to make me aware but instead she just asked if I was sure.

    Not sure I have alot of options then. Like I said they didn't charge me last time so I'm going to write that in my complaint. Sometimes there is a time limit so I'll check my contract tonight.

    I'm not destitute but I can't really afford to pay £240 in one go. If I complain and end up having to pay the fee what are my options then? Pay in £10/month installments maybe? They have already had £70 off me to cover some of the marketing costs!
  • notts_phil
    notts_phil Posts: 1,087 Forumite
    You really are worrying over nothing

    Tell them to sue you for it. They are just trying it on

    I think that will be the last you hear from them
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • spadge_2356
    spadge_2356 Posts: 77 Forumite
    This is where I'm confused. Should I pay them or tell them to jog on?
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    notts_phil wrote: »
    You really are worrying over nothing

    Tell them to sue you for it. They are just trying it on

    I think that will be the last you hear from them

    On what basis do you draw that conclusion?!

    OP, that might be what you want to hear, but not exactly the right advice.

    Jx
    2024 wins: *must start comping again!*
  • spadge_2356
    spadge_2356 Posts: 77 Forumite
    Nothing would make me happier than telling the EA to stick the invoice somewhere unpleasant! Of course I am after the correct advice.

    Has anyone had any success in telling the EA to waive the fee? Or has anyone had any luck with something different, please let me know. I appreciate everyone's responses so far.
  • notts_phil
    notts_phil Posts: 1,087 Forumite
    This is where I'm confused. Should I pay them or tell them to jog on?

    i would tell them to jog on,
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • notts_phil
    notts_phil Posts: 1,087 Forumite
    hazyjo wrote: »
    On what basis do you draw that conclusion?!

    OP, that might be what you want to hear, but not exactly the right advice.

    Jx

    On the basis that you paid them for some people to turn up and they failed to do so.

    If they threaten to sue, advise you would counter sue for the amount you shelled out
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • spadge_2356
    spadge_2356 Posts: 77 Forumite
    notts_phil wrote: »
    i would tell them to jog on,

    Don't get me wrong, I appreciate your giving me advice but what make you so sure they won't pursue me for the money?
  • notts_phil
    notts_phil Posts: 1,087 Forumite
    Nothing would make me happier than telling the EA to stick the invoice somewhere unpleasant! Of course I am after the correct advice.

    Has anyone had any success in telling the EA to waive the fee? Or has anyone had any luck with something different, please let me know. I appreciate everyone's responses so far.

    Yes.

    I ve sold quite a few houses and on two occasions the EA were useless as i ended up doing the leg work

    So when it came for the sale to complete, i instructed the solicitor not to pay the EA's fee from the sale funds.

    They carried this out. I got letters from EA's on both occasions and told them why i wasnt paying them (was between 1000-14000) and that was that
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.