Solicitors fees if our offer on a house is rejected?

gill-lou

Hello!

We are both first time buyers in Scotland, we have put in an offer for a house and the closing date is tomorrow. We are both excited and nervous, it's the first time putting an offer in so new to the whole process, don't want to be too much of a pessimist but also want to be prepared in case. Does anyone know what (roughly) we should expect to pay a solicitor for putting a note of interest and an offer on a property, if we are then unsuccessful? Is there a steep fee or is it fairly reasonable?

We are keeping our fingers crossed anyway!

Thanks in advance

davidmcn

Generally solicitors will let you have some unsuccessful offers for "free" on the assumption you'll eventually pay them a fee for a successful purchase. Only way to be sure is to ask though.

AdrianC

The solicitor doesn't do anything until after the offer's accepted.

If you want protection against paying fees if you don't complete, then ask for a no-buy-no-pay deal. You will still pay for the survey, searches and other expenses incurred, though.

HouseBuyer77

We are both first time buyers in Scotland

The solicitor doesn't do anything until after the offer's accepted.

Given in scotland offers are legally binding I suspect solicitors do quite a bit before it's accepted.

AdrianC

GP,WM. I missed the Scotland bit.

System

Not really, the offer just has to be made by the solicitors, and there are a number of conditions that need to be satisfied following the acceptance of an offer, any time I've bought property I've had a few free goes where we've been outbid! Op where in Scotland are you, could tell you some solicitors to definitely avoid and some that weren't too bad!