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Referral Fee Disclosure

In Compliance with the Consumer Protection from Unfair Trading Regulations 2008 PSSE Portfolio Management Ltd (trading as TMS Estate Agents) must disclose to clients (both sellers & buyers) the receipt of fees we receive, including referral fees, within the Estate Agency sector.

As well as a vendor’s obligation to pay our commission or fees we may also receive a commission, payment, fee, or other reward or other benefit (known as a Referral Fee) from ancillary service providers for recommending their services to our clients. These referral fees also apply to buyers.

PSSE Portfolio Management Ltd (trading as TMS Estate Agents) refer business to both internal and external companies, a full disclosure is set out below;

REFERRAL SERVICE PROVIDERS:

Financial Services
We recommend sellers and/or potential buyers use the services of The Mortgage Shop (Kent Ltd.) A percentage of the mortgage commission will be paid to PSSE Portfolio Management Ltd (trading as TMS Estate Agents) for these referrals.

Conveyancing
We recommend sellers and/or potential buyers use the services of two different solicitors. We receive referral commission per legal completion when a client instructs one of our recommended solicitors to handle the conveyancing process on their behalf. This is included within the solicitors quote prior to instruction and is not added to the solicitor’s fees. The same conveyancing cost (or more) would be charged should a client go directly to either of our recommended solicitors. Should you decide to use the services of EConveyancing you should know that we would expect to receive a referral fee of up to £300 per legal completion for recommending them to you.

Surveys
We recommend sellers and/or potential buyers use the services of Russell Smith Surveyors. Should you decide to use the services of Russell Smith you should know that we receive: -
  • RICS Condition Report - £30
  • RICS HomeBuyer - £35
  • RICS Building Survey - £40


You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee. The Referral Fee is separate from your obligation to pay our own fees or commission.