It costs 1.75% (including VAT) of the final sale price to sell with Nested, which includes our full agency service.
If you want the security of the advance you must upgrade to the 2.5% option. If you withdraw you will pay 0.75% of the advance amount for every month it is outstanding, up to a maximum of 160 days. This means you'll never pay more for the advance than 4%.
This compares to:
- High street estate agents - fees tend to be between 1% 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