We will charge you an additional fee, which will include VAT, for each telegraphic transfer that we execute on your behalf.
For a sale transaction this will usually be charged where there is a mortgage to repay and also if there is a balance of funds to be returned to you for which you require payment the same day. If you choose to receive any balance of funds via BACs transfer or as a cheque you will not incur this charge.
For a purchase transaction there will usually be at least one charge when we send your purchase money to the seller’s solicitor.
For a re-mortgage there will usually be at least one charge when we send the balance of funds to repay your outgoing lender.