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refund booking deposit

  • 21-10-2015 12:16pm
    #1
    G87
    Registered Users, Registered Users 2 Posts: 36 ✭


    Hi,

    Just wondering how long it takes for estate agents to refund a booking deposit. I've had to pull out of a sale and had givin 5k booking deposit which I know is fully refundable but I'm been givin all sorts of excuses by the estate agent as to why I cant get my deposit back straight away. Is it normal to have to wait a week or 2 or should it be givin back immediately?


Comments

  • #2
    Rew
    Moderators, Sports Moderators Posts: 8,679 Mod ✭✭✭✭Rew


    Were contracts issued?


  • #3
    G87
    Registered Users, Registered Users 2 Posts: 36 ✭G87


    Rew wrote: »
    Were contracts issued?

    No contracts had been received by my solicitor and she sent the estate agent an email today confirming no contracts had been received but now there sayin they need confirmation from the vendors solicitors..feel like I'm been fobbed off??


  • #4
    Rew
    Moderators, Sports Moderators Posts: 8,679 Mod ✭✭✭✭Rew


    G87 wrote: »
    No contracts had been received by my solicitor and she sent the estate agent an email today confirming no contracts had been received but now there sayin they need confirmation from the vendors solicitors..feel like I'm been fobbed off??

    The EA's wont give back the deposit till they get confirmation that contracts were sent back. They are afraid of getting cut out of the deal and not getting paid. If you side has confirmed that they are back they will check with vendor Solicitor and there should be no excuse but to refund then.


  • #5
    G87
    Registered Users, Registered Users 2 Posts: 36 ✭G87


    Rew wrote: »
    The EA's wont give back the deposit till they get confirmation that contracts were sent back. They are afraid of getting cut out of the deal and not getting paid. If you side has confirmed that they are back they will check with vendor Solicitor and there should be no excuse but to refund then.
    Ah I see..Thanks a mill for clearing that up


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