Our quick and straight forward agreements are held with a refundable deposit offering both parties peace of mind through a stressful time.

How it works

Our system enables you to lodge your reservation deposit quickly to secure your sale or purchase

Property Pledge
Property Pledge

Create an Agreement

So, you've agreed the price of your property purchase or sale via an estate agent or privately. We now need all the details so we can create your custom agreement and send it to you via email for your signature.

Property Pledge
Property Pledge

Obligations

Our agreements have been created by lawyers and are binding. The rules of the agreement are easy to understand and are called 'obligations'. They're set for the buyer and seller and must be adhered to. However, if either party doesn't fulfil their obligations then they will forfeit their deposit.

Property Pledge
Property Pledge

Lodge Deposit

The deposit is paid via our secure, online platform and is transferred directly to the third party Escrow company (they conform to all GDPR legislation and hold a EU banking licence). At this point, you will also pay our fee.

Property Pledge
Property Pledge

Conveyancing & Surveys

Within the timescale of the agreement the buyer, their solicitor and mortgage lender (if necessary) will carry out all conveyancing, legal and surveying work prior to exchange of contracts.

Property Pledge
Property Pledge

Resolution

At the end of the agreed timescale the buyer should have exchanged contracts. If the buyer has exchanged contracts they will be refunded their deposit in full. However, if the buyer has failed to exchange contracts or withdrawn and has therefore breached the agreement obligations then they will forfeit their deposit and it will be sent to the seller.

Single Agreement

  • Only the buyer is lodging a deposit, suitable if:
  • Buying a vacant property
  • Wanting to strengthen your offer
  • The seller is asking for more reassurance

Dual Agreement

  • Both buyer and seller are lodging deposits, suitable if:
  • The buyer is concerned the seller may withdraw
  • The seller is concerned the buyer may withdraw
  • The buyer wants to minimise the risk of being gazumped
  • Both parties are looking for more assurance

New build Agreement

  • Buyer is lodging a deposit for new build/developer
  • The buyer will have 28 days to exchange contracts
  • The buyer will have complete exclusivity

Have any questions?

Our frequently asked questions or our pricing page may have the answers you're looking for, however if not then please contact us and we will get back to you.