We’ve all seen the television adverts promoting no win-no fee representation. It sounds attractive, but do you actually understand the concept of a no win, no fee arrangement?
If you are concerned about your property sale falling through, no sale, no fee can give you peace of mind that if the sale falls through you will not be wasting money. However, it is important to note that the costs can be higher to compensate for the risk for the law firm.
The cost of conveyancing fees depends on multiple factors such as the property’s value and the complexity of the sale. The average cost of conveyancing is around £2,159.
With no sale, no fees you pay an initial deposit, but no other conveyancing fees until completion. If the sale falls through, then you will not have to pay.
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