Marston’s pay a fixed fee of £30,000 + VAT for valid site introductions.
A valid introduction should meet the following criteria:
- The site is not previously known to Marston’s
- Include full site address including postcode
- Include details of selling agent or owner
- Include location plan and ownership plan
Confirmation that the introducing party has no legal interest in the site nor any contractual or personal interest as agent, developer, builder or otherwise.
To be eligible for payment any introduction must be acknowledged in writing (letter or email) by a member of the Marston’s Acquisitions Team and evidence of this acknowledgement may be requested by Marston’s prior to payment of the introductory fee.
Marston’s may request from the introducing party such assistance and/or further information as we may reasonably require for the purpose of the acquisition including valuation advice and assistance with Planning Submissions.
Should an introduction not lead to the relevant site being acquired by Marston’s, but that site is subsequently acquired as a result of another introduction then you will not be entitled to receive the introductory fee.
Fees only paid to property professionals on unconditional exchange of contracts
Monthly progress updates on the site required for the site introduction to remain eligible.