In the event of a successful acquisition by ClozeSure, when do I receive payment, how much do I receive and to whom is it paid?

The same amount you would have received if your original buyer had completed their purchase.

The same amount you would have received if your original buyer had completed their purchase.

As soon as ClozeSure’s conveyancing requirements have been concluded, payment is made to your conveyancer for 90% of the original sale price.  Our aim is for this to take place ten days after your original completion date.   When your conveyancer receives the money from ClozeSure, they will deduct their fees, pay any estate agent’s fees, redeem any mortgage on the property (if you have one) and then send you the remaining proceeds of sale.