If your transaction – for one reason or another – does not complete we will raise a charge which will* be a percentage of the estimated charges for the transaction based on the stage at which work ceases as set out in the following table:
|Stage at which work stops||% of full estimated charges|
|A||Instructions taken, but no file made||
|B||File made, but draft contract not submitted/received||
|D||Enquiries/information forms submitted/received;||
50% (+ Search Fee)
|E||Contract signed in readiness for exchange||
* We reserve the right to, in exceptional circumstances, to raise a fee based on the time engaged and current hourly rates for the relevant members of staff in accordance with the firm’s Terms of Business.