No sale no fee

[DervVW]

Not sure this is the right area... but it is law I guess.

I am looking at selling my home to move elsewhere, as many people do!
But reguarding fee's, I have heard horror stories of people pulling out of sales and people paying legal fee's over and over again.

Google suggests there is such a thing as a no sale no fee, is this a bad way to look?

Like most people I am looking to not pay through the nose and get a decent service, and as I do not deal with solictors on a regular basis its easy to get confused and scared, ha ha, seriously I feel out of my depth in this.

[andyiley]

DervVW said:

But reguarding fee's, I have heard horror stories of people pulling out of sales and people paying legal fee's over and over again.

Google suggests there is such a thing as a no sale no fee, is this a bad way to look?

I am not a lawyer but my understanding is that if you accept an offer & start "sale proceedings" you start to rack up costs & yes if they pull out you don't get them back & have to do it again with the next sale.

On the second point I am not 100% sure what "is this a bad way to look?" is refering to but, once again I don't believe you can get a deal of "no sale no fee" either with Estate agents or solicitiors if this is what you are asking.

[Jasandjules]

Are you asking purely in relation to conveyancing fees?!?!

If so, I would suggest that anyone (lawyer) who offers no sale no fee is to be avoided like the plague.

[Devil2575]

I was under the impression that the Solicitor gets paid for any work they do regardless of whether the sale falls through but the estate agent only gets paid once the sale goes through. That's how it was put across when I last moved house.

[mel]

Previously when I've moved I've used a mix of local conveyancers, national firms in developers pockets and the ones giving the estate agents the backhanders. This time I decided to go "online" with the logic that they can't be any worse. I must say that to date I have found these people nothing short of brilliant, efficient, prompt, and with a good client portal for all the information. The have been a refreshing air of change from anything I'd used before and even the estate agents have commented about how they appear to be on top of everything and answering enquires on the same day. About half the price of local firms as well.

[DervVW]

Devil2575 said:

I was under the impression that the Solicitor gets paid for any work they do regardless of whether the sale falls through but the estate agent only gets paid once the sale goes through. That's how it was put across when I last moved house.

This is how I see it.

[DervVW]

mel said:

Previously when I've moved I've used a mix of local conveyancers, national firms in developers pockets and the ones giving the estate agents the backhanders. This time I decided to go "online" with the logic that they can't be any worse. I must say that to date I have found these people nothing short of brilliant, efficient, prompt, and with a good client portal for all the information. The have been a refreshing air of change from anything I'd used before and even the estate agents have commented about how they appear to be on top of everything and answering enquires on the same day. About half the price of local firms as well.

ill have a look, thanks