WHAT ELSE DO I NEED TO KNOW ??
Normally a booking deposit is payable to the auctioneer or
estate agent, to secure the property you are buying, this
is usually between 2.5% & 3% of the purchase price of the
property. The conditions of payment of this deposit should
be subject to contract, good title, survey & loan approval.
This is fully refundable prior to signing of contract. * On signing the contract to purchase
your property the deposit is normally 10% of the purchase
price, less any booking deposit already paid.
Completion of Sale - Closing Date
This date is agreed, when you sign the contracts to purchase
your property, the balance of the monies due are then payable,
together with your stamp duty and any other fees due at that