PROPERTY SOURCING SERVICE Sample Clauses

PROPERTY SOURCING SERVICE. We will act on your instructions in good faith and based upon the criteria supplied by you as our client. We will select a number of properties from those available on the market and present such properties to you for your consideration and for you to select from. For the Property Sourcing Service we will charge a percentage of the purchase price as quoted on the fee sheet attached and this fee will be subject to VAT at the prevailing rate and payable upon completion via invoice to your solicitor and to be settled from the final balance within 7 days of completion. For the sourcing of properties suitable for HMO conversion a percentage of the purchase price as quoted on the fee sheet attached and this will be subject to VAT at the prevailing rate and will be payable upon completion via invoice to your solicitor and to be settled from the final balance within 7 days of completion. Any Retainers charged upfront will be deducted from the final balance upon completion. With all of the above services you authorise your solicitor to pay XxXxxxxx Lettings & Property Management Ltd the sum due plus VAT of the purchase price of any properties introduced by XxXxxxxx Lettings within seven days of completion of the purchase of the property. For the avoidance of doubt, we will not offer financial advice in connection with the purchase or in relation to financial products to aid you in the purchase as we are not authorised to do so, you must seek the guidance of a financial advisor or mortgage broker. We will not carry out a survey on any of the subject properties or the facilities they provide, it will be your responsibility to organise any surveys required. We will NOT check the Lease for Leaseholder consent in relation to any lettings or works you may be planning to carry out at the property you will need to check this yourself through your solicitor. We will not advise on local planning laws. Any consents required will need to be sought by yourself as and when applicable if you are planning to extend or change the use of a property. We are members of the TPO (The Property Ombudsman) an adjudication organisation and we must adhere to its code of practice, which is available on the website xxx.XXX.xx.xx
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