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Both. it’s normal practice for our solicitor to withhold an agreed sum to cover the work of which there is just an estimate so you need to add 10-20% to that to cover any increase.
As soon as the bill comes in the solicitor pays us the correct amount to settle bill and the remainder gets paid to the seller.
they (seller) want their solicitor to have the money in their account (but likely not enough to cover the bill) have us pay the bill when it arrives which isn’t a small sum (8-12k) and then show them the bill which they then reimburse us.
Except that if it’s more than what they have on retention we make up the shortfall.
Mr_Smyth
What's in dispute - who holds the money or how big the retention should be?