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Telegraphic Transfers / Cheque Payment

Please note that it is our policy to telegraphically transfer funds to mortgage lenders in order to redeem the mortgages in their favour, to sellers solicitors for the transmission of purchase monies and to the Inland Revenue for the payment of Stamp Duty, upon the conclusion of a property transaction. It is also our policy to telegraphically transfer the return of funds to our clients in respect of all balances over £3,000. Please note that a telegraphic transfer fee/cheque payment in accordance with our scale of charges as outlined above will be charged in respect of each telegraphic transfer/cheque payment. Telegraphic transfers/cheque payments will ordinarily be invoiced upon exchange of contracts or requisition/production and payment will be made in accordance with the terms and conditions outlined previously in this document.

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