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Payment on Completion

Re: Payment on Completion

Postby Jan » Wed Jul 11, 2018 7:29 am

Sorcha wrote:Thanks to all who answered.
Can't do a great deal now as have to go to the Isle of Man tomorrow re my mum.
It was a solicitor in Almoradi through the estate agents. Apart from the mortgage discharge fee, they are holding onto 1,000 euros for anything that crops up when actually everything has paid.


From what I've heard from friends who have sold in Spain, the 'holding' back amount is normal procedure and you will get that back in time. They do that to everyone just in case there are any unpaid bills that crop up after the property has been sold.
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Re: Payment on Completion

Postby DTR » Wed Jul 11, 2018 9:41 am

Jan wrote:
Sorcha wrote:Thanks to all who answered.
Can't do a great deal now as have to go to the Isle of Man tomorrow re my mum.
It was a solicitor in Almoradi through the estate agents. Apart from the mortgage discharge fee, they are holding onto 1,000 euros for anything that crops up when actually everything has paid.


From what I've heard from friends who have sold in Spain, the 'holding' back amount is normal procedure and you will get that back in time. They do that to everyone just in case there are any unpaid bills that crop up after the property has been sold.
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