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Abortive bill cost

brzone
brzone Posts: 24 Forumite
edited 14 April 2016 at 10:31PM in House buying, renting & selling
Deleted for privacy reason

Comments

  • marksoton
    marksoton Posts: 17,516 Forumite
    Not a single person here can tell you without seeing on what basis you engaged said solicitor and the agreed rates/terms.
  • Hoploz
    Hoploz Posts: 3,888 Forumite
    Probably, as they have taken time to prepare the contract. When I got a quote from a solicitor recently for something else, they quoted £200 per hour.

    I agree it seems like they have just used the same contract for the second buyers but you'll probably find somewhere in the ts and cs you would have signed at the beginning that they charge separately if the sale doesn't go through.
  • alchemist.1
    alchemist.1 Posts: 860 Forumite
    Of course it is. The costs of engaging a solicitor for an aborted sale are still incurred.

    Sounds like a fixed fee (you agreed to) aswell for the subsequent work for the actual buyer. This wont depend on the amount of work carried out.
  • Hoploz
    Hoploz Posts: 3,888 Forumite
    Have you checked what they're going to charge you for the new sale?
  • kinger101
    kinger101 Posts: 6,639 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    What was it that the EA told the first buyers that was incorrect? If if was entirely their fault and could have been avoided with a reasonable level of diligence, I'd just deduct it from their fee (don't mention it now....wait for the sale to complete).

    It might sound like a lot of money, but if it's a fixed fee (and you agreed to it when you signed the engagement letter) then that's fair enough. Many times they end up doing extra work and getting nothing for it. Your alternative would be to engage them on an hourly rate, but most buyers like to know what they're paying up-front.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
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