No Sale No Fee

We charge £60 plus VAT for a sale and £60 plus VAT for a purchase in addition to the fees on our estimate, and then GUARANTEE not to charge you anything more for our time if the matter does not proceed for any reason.

Our scheme isn't automatic.   If you think there isn't much chance of anything going wrong, then you might not want to bother with it and you could save some money that way.   It's YOUR CHOICE when you first instruct us.

Because of market pressures our fees have become more competitive for ordinary Conveyancing recently.  However more transactions have aborted because of uncertainties.   The fee for this abortive scheme reflects that reality. Even with the extra charge for this scheme our fees are still often cheaper or comparable with other firms that offer a similar No Sale, No Fee Scheme, especially when you take into account the fact that we have No Hidden Extras

Read on down this page for a full explanation of the scheme and what's covered by it.

The Problem:

  • You get all geared up to buy a house and the survey shows that it needs a lot of work which you can't afford. You have to back out.

  • The people selling to you lose the house they were going to buy and decide not to move after all.

  • After waiting around for several weeks it turns out your buyer can't get a mortgage.

This can be very frustrating and stressful. The last thing you want at a time like that is what can seem to be a very large bill from us. We always try to be fair and reasonable in what we charge. However, in order to keep our rates in general at reasonable levels we have to charge for the work that we have done that has become abortive. If we get right up to being able to exchange of contracts, and someone pulls out, in some cases the abortive fees might be as much as two-thirds of the amount shown for fees in our estimate plus VAT.

The Solution

  • If you are selling or buying pay us £60 plus VAT (£69) upfront for each transaction.

  • If you are selling and buying pay us £120 plus VAT (£138) upfront for the two transactions.

We will then guarantee not to charge you any more for the work we do in relation to the sale or purchase of that particular property if it becomes abortive prior to exchange of contracts, which is when you become legally committed to buy or sell as the case may be.

The Details

We've tried to keep things simple. Some insurance schemes for conveyancing costs have so many exclusions that they aren't worth having. The main thing is that they often don't cover you for the solicitor's work if you decide to pull out. We don't say that.

To be able to make any profit at all we have to make some stipulations. These are:

  • The scheme doesn't normally apply to purchases of flats and maisonettes. The chances of significant legal problems are much higher than with houses and we can spend a lot of time trying to get such issues sorted out. Sometimes our clients are unable to proceed because eventually we have to advise that the property could be difficult to sell and/or the leasehold arrangements do not meet their lender's requirements.

  • Disbursements aren't covered - where we actually have to pay money out to other people, e.g. local search fees on a purchase, or on a sale, the cost of obtaining official copies of your Land Registry entries or copy planning permissions from the council. In most cases you would have given us money on account to cover these and so we would not be asking you for any more money if the transaction aborted.

  • If you are selling, you are covered for the work done on any number of abortive sales of the same property that follow on from one another.   If you are buying and your purchase falls through we won't charge you for the abortive work done on that purchase. If you then decide to buy another property we will need a further £60 plus VAT to cover any abortive work on the new purchase.

Now you have read this, you might want to find out How To Choose a Conveyancing Solicitor or you may want to Get a Quote

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