Sale Agreed - Price Guaranteed Through to Completion
A simple way to secure your agreed sale price if your buyer fails to complete.
Although the majority of property transactions proceed to completion, there are occasions when a buyer withdraws or simply cannot proceed after exchange.
ClozeSure guarantees completion of a property sale by acting as a safety buyer for sellers in these circumstances, ensuring the agreed sale price is secured, so onward plans can still proceed.
This safety net works alongside the existing conveyancing process.
Exchange takes place as normal, contractual deposits still apply, and completion is expected in the usual way.
Listen to the 'Moving Home, Uncovered' podcast episode about ClozeSure below.
To help demonstrate how this works in practice, you can use the calculator to see how the figures would look based on your agreed sale price.
If a buyer fails to complete:
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The seller retains the contractual 10% deposit
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ClozeSure provides the remaining 90% balance of the agreed sale price
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The seller therefore receives 100% of the sale value
This enables sellers to continue with their onward purchase and protects the professional fees already incurred in the transaction.
If you are interested in having your sale guaranteed and secured with ClozeSure you can request further information below.
We will refer your details to ClozeSure so they can confirm eligibility and next step.