First time buyer- sale agreed... Estate agent wants £3000 up front.

coffeel0ver

Thanks everyone. We will be questioning it as it came as a total surprise and it is very unnerving. I sincerely appreciate all your advice and concern.

maggiecon

coffeel0ver wrote: »

Thanks Maggiecon. I appreciate you replying. We were just a bit taken aback- seems like an excessive amount of money given that we're not getting anything in return yet, none of the main agents ask for this and
that if we were buying a new build, only a few hundred pounds would secure it!

It's reassuring that you have had the same though. I take it everything went ok and there weren't any issues with it not being added into your overall deposit etc?

Yes everything went fine. I had never heard tell of it before either so was a little taken aback when estate agent asked for it, but I informed my solicitor straight away what was happening to make sure she knew to include the £2k in my 10% deposit.


Hope things work out for you and your new home.