The estate agent submits their invoice to your solicitor, make sure you check if the fee is correct. But you don’t actually pay until the sale completes. Typically, your solicitor pays the estate agent from the completion monies.
Do estate agents work with solicitors?
Estate agents, property developers, mortgage advisors and even lenders routinely pressurise property buyers and sellers into using a solicitor not of their choosing.
Do you pay estate agent fees upfront?
Estate agents are required by law to tell you what is included as part of their fee and are normally due upon completion (when the property has been sold and contracts exchanged). However, some estate agents may require you to pay upfront, the estate agency agreement will stipulate when fees will need to be paid.
Can I refuse to pay estate agent fees?
If they don’t give pre-contract information
If the estate agent doesn’t give you this information then they won’t be able to claim payment of their fees until they’ve got a court order to receive the payment. The court can grant the order for the full amount or a reduced amount, or can refuse to give the order.
Is it better to use a solicitor or conveyancer?
It’s an important role, so choose carefully. Solicitors are usually more expensive than conveyancers and are qualified lawyers, so they can offer a full range of legal services. Licenced conveyancers are specialised in property but can’t deal with complex legal issues.
Do mortgage advisors sort out solicitors?
Mortgage lenders will only deal with certain conveyancers and solicitors – those on their “panel” – who in turn usually pay the lender for the privilege. If you do not use a conveyancer or solicitor on their panel, you will usually have to pay for the bank’s representation fees.