paying on exchange
TRANSCRIPT
On Purchase and Sale cases we pay broker referral fees on exchange of contracts. On remortgage cases we pay on completion.
All we need is notification from the solicitor – which we receive automatically in 9 out of 10 cases.
We do not wait for the solicitor to pay us first. We pay you as soon as we know it has exchanged (or completed on a remortgage).
We make payments weekly by BACS and send emailed remittance advice for every payment.
We typically pay you 6 weeks earlier than if you were paid monthly in arrears following completion.
PAYING ON EXCHANGE
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This information is for Intermediaries only. All details correct at time of print. 17th April 2015 Broker Conveyancing is a trading style of Conveyancing Alliance Limited. Full details and terms and conditions on our website.