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Our Referral Fees

Our Referral Fees

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Compliance with the Consumer Protection from Unfair Trading Regulations 2008

The latest guidance specifically addresses the issue of transparency of fees, including referral fees, within the Estate Agency sector.

An Estate Agent should disclose in plain terms

  1. The price for its services, including any ‘’compulsory’’ extras; and
  2. Where a referral arrangement exists, that it exists and with whom; and
  3. Where a transaction specific referral fee is to be paid, its amount; and
  4. Where a referral retainer exists, an estimate of the annual value of that retainer to the Estate Agent or its value per transaction; and
  5. Where the referral is rewarded other than by payment, an assessment of the annual value of the reward or the value of the reward per

Dafydd Hardy Estate Agents Ltd (Dafydd Hardy) refer business to internal departments (however no referral fee is paid) and external companies, and to this end a full disclosure is set out below.

Financial/Mortgage Services

Dafydd Hardy refer clients to the services of Mortgage Advice Bureau and receive, on average, a referral fee of £250.00 on legal completion.

Relocation Agent Network

Dafydd Hardy are part of the Relocation Agent Network which have associated offices throughout the UK.  As members Dafydd Hardyreceive a referral fee, amounting to 20% of the recommended Agents’ selling fee, should Dafydd Hardy refer a client who subsequently sells through that agent.  The referral fee is paid from the commission agreed between the Agent and the introduced seller.  If Dafydd Hardy introduce a buyer/applicant to a member agent Dafydd Hardy receive 5% of the sales fee.  This is a national agreement between all members.

Student Utility Services

Dafydd Hardy refer clients to the services of Huddle UK and receive, on average, a referral fee of £50.00 on the take up of a household to the utility providers services. 

Landlord Rent Garantee

Dafydd Hardy refer clients to the services of Van Mildert and receive, on average, a referral fee of £30.00 on the take up of landlords rent garantee insurance.

*All clients have the option to deal with any of the above companies or seek alternative providers of these services.

*Clients are defined as people who have instructed Dafydd Hardy to sell their property or people who are buying a property through a Dafydd Hardy branch.