Sale agreed deposit

M

Mam1996

Registered User
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We're looking at moving home and using the equity in our current house as deposit for the new one. We have savings also and I'm just wondering what is the average deposit we would expect to pay to the estate agent if we get a sale agreed on the new home?
Is it usually a set price or a percentage of the house price?
 
Booking deposit = 5k or 10k in cash

10% deposit on siging contracts, in cash, less what you have already paid in booking deposit.



Example - buy house for 320k

At Sale Agreed, pay 5k or 10k to EA.

A few weeks later, maybe 6-8 weeks later, when you sign contract, pay 32k in cash, less 10k = 22k in cash.
 
Booking deposit with BidX1 is €20k on a regular private treaty sale. First time I’d seen it that high.
 
Great, thanks all. Obviously this is a varying amount, it's great to have an idea though
 
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