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What fees is a vendor liable for when they pull out of a sale?
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Don't know if it's different in Scotland, but I was told after missives were concluded you were buying the house or paying hefty compensation. I would say it would be the same with the vendor?0
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Yes in England most Estate Agents will have a clause saying you have to pay their fees if they find a ready, willing and able buyer. So if the vendor pulls out they still have to pay the EA.
Solicitor's fees will depend on the work done already.Changing the world, one sarcastic comment at a time.0 -
Don't know if it's different in Scotland, but I was told after missives were concluded you were buying the house or paying hefty compensation. I would say it would be the same with the vendor?
It would be, but the OP did say "before exchange" (so the equivalent of missives not being concluded).0
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