How many times have you agreed a sale and had it fall through? According to the latest figures, 1 in 3 property deals fall through after an offer is agreed. This means a loss of sales, time and commission for agents and businesses all over the UK.
Gazeal Seal is changing the UK property market by providing consumers with the security they want: a legally binding agreement on an offer to purchase a property.
Gazeal Seal ensures that offers made are legally binding. Parties can't walk away, move the goal posts or get gazumped.
"The Gazeal process was a revelation! The whole process was quick and easy and I was kept informed at every stage using my online portal. It takes the uncertainty and stress away."Jane Haggerty
Gazeal protects both sides by putting the Title into Escrow pending Exchange. Just like holding a Title in Trust, this secures the deal subject to the terms of the contract.
While the Title is in Escrow, we verify it with your solicitors against our rigorous standards. If it passes, Exchange happens automatically.
On successful Title Verification, the buyer immediately benefits from Title Insurance* (see footer for Insurer details).
Give them peace of mind with Gazeal Seal
The buyer is liable to pay 1% of the sale price to the seller in the event of default under the Gazeal Reservation Agreement. The buyer does not need to find this money at the outset because for a nominal, non-refundable fee paid by the buyer, Gazeal will guarantee the reservation deposit. This means that if the buyer pulls out after the cooling off period, the seller will receive the reservation deposit from Gazeal. The buyer must pay the 1% reservation deposit to Gazeal if they pull out. So, the guarantee means that;
Property purchase price £200,000
The cost of the deposit guarantee payable by the buyer is £200,000 x 0.075%
Cost of reservation deposit guarantee: £150
Give your business the competitive edge using Gazeal SealGet in Touch