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Conclusion of Missives

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Our process of Missives

The following information explains our process when concluding Missives for your new home.

It is anticipated that you will proceed to enter into a formal contract (otherwise referred to as “Missives”) with Allanwater Homes.

Then within the reservation period (28 days) you will be required to pay a further £1000 at this point.

Payment should be made by BACS to Allanwater Homes, Sort Code 80 20 00. Account Number 0021 1350.

Both reservation £500 and missive £1000 are deducted from the overall agreed selling price.

  1. Missives MUST be concluded within 28 days from date of reservation unless formally agreed and documented accordingly.
  2. If contracts are NOT concluded within 28 days of reservation, the property shall be remarketed. Any refund due shall be subject to administration costs.
  3. It is the sole obligation and responsibility of the purchaser to instruct their appointed solicitor to conclude missives within the agreed timescales above.
  4. Any delay in concluding missives may result in the delay of installing client selections and indeed delay legal completion

For more information go to the consumer code which provides protection and rights to purchasers of new Homes. It requires all new Home Buyers are treated fairly and are fully informed about their purchase before and after they sign the contract.