Buyer Disclaimer

At CityGate North (the "Agent"), we strive to provide accurate and up-to-date property details to the best of our knowledge. However, we strongly advise potential buyers to conduct their own due diligence, including viewing the property in person. The Agent has not verified any legal documentation related to the property's status or the validity of any guarantees. Therefore, buyers should confirm all information independently with their solicitors before proceeding.

Photographs and property details are provided for general guidance only and should not be interpreted as confirmation of construction type, structural condition, or legal status. These particulars do not constitute an offer or contract and should not be solely relied upon when making financial or legal commitments. Interested parties are encouraged to seek professional advice from their own surveyors, solicitors, or financial advisors.

Sales particulars may be subject to change, and we recommend that buyers conduct a final inspection before exchanging contracts. If a property is sold with tenants in situ, CityGate North accepts no responsibility for the accuracy or validity of tenancy agreements and related documents.

While we can recommend solicitors, mortgage brokers, and surveyors, these professionals operate independently, and CityGate North assumes no responsibility for their findings or services.

Fees, Exclusivity, and Process

Fees

  • Reservation Fee: Upon acceptance of an offer, the buyer must pay a non-refundable Reservation Fee deposit of 25% of the total fee.

  • Total Fee: 1.5% +VAT of the purchase price (minimum £2,000 plus VAT).

  • The Reservation Fee is paid in addition to the purchase price and ensures the property is taken off the market immediately, reducing the risk of gazumping, time-wasting, and financial loss.

  • The Reservation Fee may be refunded in specific circumstances, such as:

    • The seller withdrawing from the sale.

    • Verified structural issues identified by a professional structural survey.

    • For full refund eligibility details, please contact our office.

Exclusivity

  • After payment of the Reservation Fee, CityGate North will facilitate a 90-day fixed exclusivity period, starting from the issue of draft contracts.

  • During this period, the property will be reserved, ensuring there is no risk of gazumping.

Process

  1. Register your interest in the property.

  2. Prepare your finances to ensure you are ready to proceed.

  3. Arrange a viewing to assess the property.

  4. Make an offer and discuss terms.

  5. Secure your purchase by paying the required deposit.

  6. Exchange contracts and complete the transaction.

Additional Disclaimer

  • The advertising includes Our Sale Ready information. Buyers must request and review all information before committing to a purchase.

  • Buyers are responsible for supplying their ID and proof of funds before proceeding.

  • CityGate North offers supplementary services, including conveyancing, financial advice, and surveying. We may receive a referral fee from third-party service providers.

Stamp Duty Land Tax (SDLT)

Not all property purchases are subject to Stamp Duty Land Tax (SDLT). Certain exemptions and thresholds apply depending on factors such as the purchase price and the buyer’s circumstances. Buyers should seek legal advice to determine their specific SDLT obligations.

A Secure & Transparent Buying Process

CityGate North’s innovative approach provides a secure, straightforward, and efficient way to purchase property. If you have any questions, please do not hesitate to contact us.