Will ClozeSure still proceed under its guarantee if there has been a fall in property prices between exchange and completion?
Yes, the ClozeSure guarantee is to step into the shoes of a defaulting buyer and pay 90% of the agreed sale price (10% having already been paid at exchange of contracts).
Yes, the ClozeSure guarantee is to step into the shoes of a defaulting buyer and pay 90% of the agreed sale price (10% having already been paid at exchange of contracts).