Updated January 2024
We are buyers’ agents. We typically look for homes between £500,000 and £50m. We work for the rich and famous, for celebrities but for mere mortals too! Like the properties they buy, our clients are all different and so we offer different costs and services. We try to keep our fees affordable and competitive and we update them as necessary. Please call or email and we will happily provide a bespoke quotation or discuss a specific solution.
We offer different types of help depending on how much assistance you are looking for.
Pocket agent service – a one-off charge of £1,000.00. (inc. VAT)
Buying Service Choose from one of the following;
- A retainer of £2,400 (£2,000 + VAT) and then 3% (2.5% + VAT) of the purchase price payable on exchange of contracts or
- A fixed, up-front fee of £19,000 (£15,833.33 + VAT) or
- £1,000 per week (inc. VAT) ‘pay-as-you-go’. Cancel any time.
Buying a £10m property isn’t ten times more complicated than buying one for £1m so it doesn’t seem equitable for us to be rewarded if you to spend more money. So, whilst we have the traditional option offered by most buying agents – a retainer and percentage – fee we also offer what we think is a better value, fixed fee option which the majority of clients opted for.
For those who aren’t comfortable making that kind of commitment or who perhaps only want help with part of the process, in 2024 we have a new ‘pay-as-you-go’ alternative. A weekly payment that you can pick up and put down whenever you want. If you only want help preparing your purchase or with selling your current home or negotiating to buy a particular property then this may suit you. Not surprisingly, it’s proving popular.
NOTE – For those buying a second home or ‘buy-to-let’ property HMRC guidance notes (& the more digestible Which?) state that our fee, like the additional ‘2nd home Stamp Duty Land Tax‘ or the 2% foreign buyer surcharge plus all your selling costs in certain circumstances can be set against future Capital Gains Tax (or against CGT losses which at present can be carried forward). You should double-check that this would be the case for you with your financial advisor.
When it comes to estate agents the Ombudsman states that fees should be quoted inclusive of VAT.