Lyons and Company are able to offer you a “No Sale No Fee” Guarantee against abortive charges. We must stress this is NOT an insurance scheme.
By paying an upfront fee of £114 (inc VAT) for a sale and a further £114 (inc VAT) for a purchase in addition to the fees on our estimate, we would GUARANTEE not to charge you anything more for our time (this does not include the Land Registry Service fee or identity check fee which are still payable by you) if the matter does not proceed for reasons as set out below.
Our scheme isn’t automatic. If you do not believe there is a high risk of anything going wrong, then you might not wish to take this out and you could save some money that way. It’s YOUR CHOICE when you first instruct us.
Due to market pressures our fees have needed to be more competitive for ordinary Conveyancing recently. However more transactions have aborted because of uncertainties in the money world we live in. The fee for this abortive scheme reflects that reality. Our usual abortive fee does depend on how much work has been carried out but on average, we charge around £750 per abortive transaction.
Read on down this page for a full explanation of the scheme and what’s covered by it.