Nested fees start at 2.5% (including VAT) of the final sales price which includes our full agency service.
If you withdraw the advance you will pay 0.5% of the advance amount for every month it is outstanding, up to a maximum of 6 months. This means you'll never pay more for the advance than 3%.
This compares to:
- High street estate agents - fees tend to be between 0.75% and 3.5%, varying by agent, location and the type of contract you choose (for example multiple agency is more expensive). They don't offer an advance of any kind
- Online agents - fees don't depend on the property value and tend to be between £750 and £3,000. This fee is paid even if your property never sells with the agent
- Bridging loans - a bridging loan typically costs 1.5% a month (leading to 18% a year), with additional fees for initial arrangement and exiting. You will also need to instruct an estate agent to sell your home and pay their fees
- Quick sale and home-buying services - although there tends to be no fee to use a quick sale service, the offer for your home will be on average 80% of the market value. Therefore you can expect to lose out on a large amount despite paying no fees