Selling Your Property
When you are selling your property, please instruct your solicitor to inform us so that we can amend our records and apportion the charges between you and the new owner correctly. The solicitors also often require the Association to provide information about any repairs in the pipeline , confirm that the records will be updated etc.
In addition we send the common charges invoice(s) to the solicitor and agree with them an amount to deduct from the proceeds of the sale to settle any balance owed by you.
If though you have a credit on your account, this will be refunded when the final account is issued - usually within 4 weeks of the date of sale. This is to allow for the contractor invoices for repairs done during the last couple of weeks of your ownership to be received and processed.
The Association does charge an adminstration fee for the above service of £15.00 * provided the solicitor gets in touch with us at least 5 days before the sale is due to complete. An additional £5.00 per day is charged up to a maximum of £30 if the solicitor first contact with us is less than 5 days before the sale completes.
If you have been paying by standing order or direct debit, please remember to cancel them.
* reviewed annually