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Terms and conditions

TYPES OF Users

Individual User
1. You will be liable to pay fees to Crayson, in addition to any other costs or charges agreed, if at any time during or after the period of our Sole Agency; unconditional contracts for the sale of the property are exchanged with a purchaser introduced by Crayson during the period of our Sole Agency or with whom we had negotiations about the property during that period; or with a purchaser introduced by another agent during the period of our Sole Agency. Our Sole Agency will continue unless terminated by either party giving four weeks notice in writing.

Broker / Agent
2. You will be liable to pay fees to Crayson, in addition to any other costs or charges agreed, if at any time whether during or after the period of our Joint Sole Agency unconditional contracts for the sale of the property are exchanged with a purchaser introduced by Crayson during the period of our Joint Sole Agency or with whom we had negotiations about the property during that period; or with a purchaser introduced by another agent during the period of our Joint Sole Agency. The fees will be shared between the two Joint Sole Agents in the proportions already mutually agreed, or if no such proportions are set out, equally between the other firm and Crayson. We are entitled to look to you for the proportion of the fee payable to Crayson. Our Joint Sole Agency will continue unless terminated by either party giving four weeks notice in writing.

Builder
3. You will be liable to pay fees to Crayson, in addition to any other costs or charges agreed, if at any time whether during or after the period of our Multiple Agency unconditional contracts for the sale of the property are exchanged with a purchaser introduced by Crayson during the period of our Multiple Agency or with whom we had negotiations about the property during that period; or with a purchaser introduced by one of our sub-agents during the period of our Multiple Agency. Our Multiple Agency will continue unless terminated by either party giving four weeks notice in writing.

Corporate
4. We reserve the right to sub-instruct other agencies at any time during our agency if we consider that this would be in your best interests. This will not involve any extra costs and all viewings and negotiations will be co-ordinated by and remain our responsibility.

INSTRUCTIONS WITHDRAWN OR TERMINATED ONCE A SALE HAS BEEN AGREED

5 In the event of an instruction being withdrawn or terminated by you, for whatever reason and unconditional contracts have not been exchanged once a sale has been agreed by Crayson in accordance with your instructions to a ‘ready, willing and able purchaser’, we reserve the right to charge half our fee plus agreed marketing expenses plus VAT. A purchaser is deemed a ‘ready, willing and able purchaser’ if they are prepared and able to exchange unconditional contracts for the purchase of the property.

 
OUTSTANDING INVOICES

6. We reserve the right to charge interest on any amounts still outstanding after twenty-eight days from the date of our first invoice. The prescribed rate of interest will be 4% above the current base rate of the Bank of England at the date of the demand.

EXPENSES

7. In the event that you agree with Crayson any additional costs and expenses, a detailed schedule of such items of expense will be submitted to you for your signed authorisation. Once authorised, all such expenses are invoiced and are payable within twenty-eight days of the date of our invoice.

PRIVATE BUYERS

8. Once we have received instructions to sell the property, either as Sole or Joint Agents, any private approach or private offer must be notified to Crayson forthwith, who will negotiate the sale on your behalf, at a fee of 1% plus VAT of the final sale price.

CONNECTED PERSONS

9. In pursuance of the Estate Agents Act 1979, as amended, unless specifically stated, we are not aware of any personal interest existing between Crayson and anyone in our employ or any connected person and you. If you are or become aware of any such an interest you should notify Crayson immediately.

DISCLOSURE

10. Should an offer be agreed privately, or via another estate agent, the seller must disclose to Crayson the identity of the purchaser prior to Exchange of Contracts.

DIRECT AND INDIRECT PURCHASE OF PROPERTY

11. These Terms and Conditions shall apply where a property is purchased directly or indirectly including (but not limited to) the purchase of an entity owning or having title to the property (such as a company or limited liability partnership) and these terms and conditions shall apply accordingly with the necessary changes being made.