Selling your property
You must inform us when you are selling your property. There is a charge of £50 to cover the cost of administration involved in processing your sale and registering the new owner on our Factoring Service. If you notify us within 5 working days or less of the sale the charge will increase to £150.
In advance of your sale we will calculate your remaining share of common charges and fees which will be due at the date of sale between yourself and the new owner. We will also make arrangements to return your factoring deposit (if applicable) of £50.
You should ask your Solicitor to contact us to ensure your factoring account is dealt with prior to the sale.