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  1. tempura

    10% deposit - auction

    I don't know whether the vendor has signed or not, as we do not have visibility of that. All we know is that we have signed and have paid 10% deposit and put in 66W. I understand vendor may not have sign hence contract exchange has not happen as yet. From those scenarios above...
  2. tempura

    10% deposit - auction

    correct me if i'm wrong but to buy a 100 sqm property worth say 500K via auction, the liquid required would be: 10% * 500,000 = 50,000 (10% deposit to agent). 10% * 500,000 = 50,000 (10% deposit to the bank). Stamp Duty Fee Solicitor Fee would that be accurate?
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