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Landlord Trader - Seller's Terms and Conditions

Before you put your property on the Landlord Trader website, Landlord Trader would like to draw your attention to the company’s standard terms of business.

From Friday 3rd February 2006 Landlord Trader has implemented a Success-on-Sale flat fee of £200, in addition to a listing fee for every property (typical listings starting from £9.99). The Landlord Trader Spring Sale started on 21st March 2006, please click here for further details.

For any properties uploaded on Landlord Trader on or after Friday 3rd February 2006, the following terms apply:

1. Vendors agree to pay the Success-on-Sale fee to Landlord Trader if a willing purchaser is introduced by Landlord Trader.

   This fee does not alter whether the vendor uses other means of advertising or agency to sell their property concurrently to using Landlord Trader.

2. Landlord Trader’s Success-on-Sale fee is inclusive of all fees and expenses, except where you specifically authorise Landlord Trader to carry out additional services, for example, consultancy or portfolio selling services. The Success-on-Sale fee is payable by the vendor’s solicitors on completion of the sale out of the sale proceeds.

3. Should the Success-on-Sale fee not be paid promptly, Landlord Trader reserves the right to charge interest at 3% per annum above HSBC rate, calculated daily.

4. Should these instructions be terminated and the property subsequently be sold by the vendor within a period of six months to a purchaser previously introduced, as outlined in section 1, during the time of our engagement, commission will be payable in full.

5. All information posted on the Landlord Trader site or indeed provided either in written form or verbally to Landlord Trader must be to the best knowledge of the vendor and best efforts must be made to verify any unknown information.
   

6. Should agreement be reached with a purchaser and the information on the property be found to be incorrect or if the vendor acts in a way deemed other than in good faith, then Landlord Trader reserves the right to apply penalties / restrictions, the likely result being that the vendor will be unable to use the Landlord Trader website in future.
   

If Landlord Trader helps any party make contact with another or is involved in any way in a sale, an additional fee of £100 is payable on completion to the Success-on-Sale fee and Listing fee. Involvement in a sale is defined as Landlord Trader stimulating contact between buyer and seller at the request of either party.

Landlord Trader is not responsible for any vendor who is tardy in replying to either questions or offers.

Portfolio Sales

For portfolio sales the fee will typically be 1% of the purchase price.

Please only press continue if you agree to the above terms and conditions.