Fast Secure Cash Sale (1) - Flipbook - Page 8
Springbok9s costs explained:
Why we have to offer below market value
For complete transparency and fairness, a RICS surveyor will assess each
property on an individual basis, acknowledging unique features, and will
always offer the most money we can. Typically, Springbok Properties does not
pay the full market value but that does not mean we pocket the rest. Here are
the costs that we have to consider before we make an offer.
Legal fees
We cover all your solicitor and legal fees, including
conveyancing for both parties, which can cost up to £1,200. We
also use specialist conveyancers to ensure we exchange and
complete within your timeframes.
Business
expenses
As a genuine property buying company, Springbok Properties
has an office, staff, marketing costs and other operating costs
associated with a business.
Refurb
costs
8
We buy in 8as is9 condition so we pay for renovation,
redecorating and repairs that are required.
Ongoing
property
costs
All ongoing costs relating to the property are paid by us
including your monthly mortgage payments, maintenance,
utilities, council tax and any bank charges.
Stamp duty
Every cash buying company like us pays an additional 3%
stamp duty on top of the current rates for each band (for
individuals).
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