Riverside Escrow doesn't give much away on its website, what it does refer to however is "From fixed fee escrow agreements relating to party wall matters..." - we can deduce that they are prepared to offer fixed fees for their accounts, but we don't have any other publicly-available information.
The Security for Expenses Scheme does not charge fees.
Riverside Escrow does not make this information available publicly.
The Security for Expenses Scheme holds your security at the Bank of England.
They don't disclose which bank they work with, but their website provides:
"Riverside Escrow bank with one of the UK’s leading banks. We have declared a trust over our dedicated client escrow bank account. The fact that we operate a client account means that client funds are segregated from our own funds. The trust declared over our client account provides additional peace of mind."
The Security for Expenses Scheme segregates and safeguards your funds.
Riverside Escrow does not make this information available publicly.
The Security for Expenses Scheme does not allow for any hidden costs. The only possible extra cost is very clearly signposted - the dispute fee that you can read about here.
Riverside Escrow's website provides:
"Typically we allow for 3 – 5 working days from the time of satisfactory completion of compliance checks (which we start after we receive the signed [Terms of Business Letter] and the requested Identity Documents) to draft the Escrow Agreement."
The Security for Expenses Scheme can generally open an account within a matter of hours.
Riverside Escrow's website provides:
"Any funds will earn interest at the applicable rate from time to time."
The Security for Expenses Scheme does not pay interest, but does not charge any fees.
Riverside Escrow does not make this information available publicly.
The Security for Expenses Scheme operates clear, transparent Scheme Rules - there are only 6 and they are very short.