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Holding Deposit: Pricing & Key Terms
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Pricing
The deposit fee is a one-off cost, paid once, that covers the secure handling of your holding deposit.
| Holding Deposit | One-off Deposit Fee (inc. VAT) |
|---|---|
| £1,000 | £150 |
| £2,000 | £300 |
| £3,000 | £360 |
| £4,000 | £480 |
| £5,000 | £540 |
| £6,000 | £660 |
| £7,000 | £720 |
| £8,000 | £780 |
| £9,000 | £840 |
| £10,000 to £35,000 | £1,200 |
For anything higher, please ask your Reservation Specialist.
Key Terms Explained
Deposit Amount
The buyer places the deposit. The amount is agreed between the buyer and seller.
Handled By
ShieldPay, a neutral third party appointed by Gazeal to hold the funds securely.
Bank Account Type
FCA-regulated.
Deposit Fee
A one-off fee that covers Gazeal’s secure processing of the deposit, admin and transaction costs, and dispute resolution if needed.
Who Pays the Deposit Fee?
It can be paid by the seller, the buyer, or split 50-50 between them. It can also be paid by the agent, in which case compensation is shared with the agent.
If the Buyer Withdraws Unreasonably
The buyer forfeits the full deposit, and the seller receives it.
If the Seller Withdraws for Any Reason
The buyer receives a full refund of the deposit.
How Your Deposit Is Protected
Your money isn’t just taken on trust. It’s held to the same standards as major financial transactions:
- Deposit protected by ShieldPay, a specialist secure payments provider
- ISO 27001 accredited, the international standard for information security
- FCA-regulated bank account
- Trusted by top law firms
Have Questions?
Speak to your Meldone Estates agent or a Reservation Specialist to find out if a Holding Deposit is right for your purchase or sale.