T
Before you respond with this:[FONT=Verdana, Arial, Helvetica, sans-serif]How does Free Conveyancing Limited make a profit from offering free conveyancing?
All Accredited Agents pay Free Conveyancing Limited a proportion of the commission that they charge the vendor for selling the Property. That proportion is shared between the Solicitor undertaking the conveyance and Free Conveyancing Limited.[/FONT]
that could simply mean that all clients pay more even if they don't avail of the "free" conveyancing scheme.[FONT=Verdana, Arial, Helvetica, sans-serif]Does the vendor pay any more to Accredited Agents that participate in the Free Conveyancing Scheme?
No the vendor pays the Accredited Agent his usual fee. The Accredited Agent is in effect prepared to take less by offering the Free Conveyancing Scheme to encourage sellers to use them. [/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif]Will I have to pay anything to my Solicitor if the sale completes?
Yes. You will have to pay him for what is known as outlay. These are costs that your Solicitor had had to pay to third parties in relation to the transaction such as the cost of conducting searches at the Land Registry or obtaining copy documents. These costs will be explained to you by your Solicitor at the time you enter into your retainer agreement with him.[/FONT]
Obviously what? That it only (supposedly) applies to the solicitor's professional conveyancing fee and not outlays etc.? This will probably NOT be obvious to many people who see "free" and don't understand the composition of the ultimate "legal" bill that they receive. I feel that it's worth calling a spade a spade even if some things might be obvious to experts like yourself.Well obviously
I have none. Happy?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?