What is the No Move No Legal Fee promise?
At Home Legal Direct, our No Move No Legal Fee conveyancing promise gives peace of mind in knowing that if your property transaction falls through, the cost of legal fees are protected. With approximately 1 in 3 home moves not completing, having the No Move No Legal Fee promise in place gives added peace of mind throughout the conveyancing process.
Why does this benefit me?
Without a No Move No Legal fee policy in place, you could end up being charged for some or all of the legal fees that your transaction incurs once you have instructed a conveyancer and the conveyancing work begins. These legal fees can add up quickly and can become costly particularly if you need to repeat the conveyancing process again due to the original sale or purchase falling through. With legal fees costing in the region of £1000 our No Move No Legal Fee promise offers our customers great financial protection.
What does it cover?
Our No Move No Legal Fee promise applies to the legal work carried out by the conveyancer. Legal work includes activity such as the conveyancing solicitors time spent reviewing and actioning your case, writing correspondence, and organising the necessary actions to reach exchange and completion. It does not cover the fees incurred for third party costs such as costs for local searches or surveys.
Our policy applies from instruction of your conveyancing solicitor up to when exchange or completion takes place.
Are there any other fees or disbursements to pay?
You will be liable to pay for any additional fees, including Third Party disbursements, such as local searches and home and building surveys as these are property specific and not part of the conveyancer’s legal work.
How do I opt in for this benefit?
Our clients are automatically covered by our No Move, No Legal Fee promise so there is no need to action anything.
Is there more I can do?
More comprehensive cover is available via our Premium Buyers Protection Insurance. This covers not only for legal fees but also for other aspects of the conveyancing process such as valuation fees, survey fees and searches. Click here to read more.