*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.
Be aware that ground rent and service charge are likely to apply beyond your ownership of the property. We will confirm any ground rent and service charge arrears as soon as we receive this information. It may be necessary to pay ground rent and service for a period beyond the completion date.
We will ensure that the buyer reimburses you for the ground rent and service charge that you has paid in advance for a period that is after the completion date. This reimbursement is done on a pro rata basis and is called an apportionment of ground rent/service charge.
If service charges are based on estimated accounts, the buyer may want you to agree to us holding a retention to cover any excess service charge payable for the time that you owned the property. If we have to hold and maintain a retention, there will be an additional fee of between £150.00 – £300.00 plus VAT.
Grand total £3,585.00 – £4,085.00