we were getting a moving date today and the guy who was buying our house has pulled out of the sale. We have paid out £400 on surverys ect now we are back to square one does anyone know what can be done about this. Can we sue him or not?
2007-01-07 22:09:30 · 8 answers · asked by claireizadiamond 1 in Home & Garden ➔ Other - Home & Garden
If he hasn't signed the contract and the sale hasn't completed, then in England there is nothing you can do. It happens all the time.
2007-01-07 22:11:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No, unless you live in Scotland, I'm really sorry there is no legal contract that has been broken by your buyer - this is a problem that people in England face.
However - don't give up - the fact that you have your purchase property underway puts you in a strong position.
Some buyers don't want to sit around for ages waiting for you to find somewhere and will be glad to find a seller that is ready to go.
Discuss this with your estate agent.
Wish you lots of luck - selling and buying is so stressful. It will all be worth it in the end.
2007-01-07 22:25:34 · answer #2 · answered by PetLover 4 · 0⤊ 0⤋
only if you've exchanged contracts. At which point he is liable for 10% of the purchase price of your house.
Happens all the time. we spent thousands on wasted surveys and aborted sales last time we moved. Took 2 years and 7 buyers before we got there.
And i buy, develop adn sell properties so i waste thousands on timewasters every year...
to be honest, £400 is getting off lightly.
2007-01-07 23:00:45 · answer #3 · answered by Michael H 7 · 0⤊ 0⤋
dont think theres much you can do unless you have already exchanged contracts, if not then i guess you have lost your buyer and have to find another quick, your solicitor will not be in a position to give you a moving date into your new property (exchange) if you a dependent on the sale of your original property to buy the new.
good luck in the future
2007-01-07 22:13:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You did all that without an Earnest Depost how silly you must be. No contract, Get a Realtor, do yourself a favor.
2007-01-07 22:20:54 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Dont think you can do anything. I think he's entitled to pull out anytime before he sign for it.
2007-01-07 22:11:25 · answer #6 · answered by Anonymous · 0⤊ 0⤋
If he hasn't signed anything then nope.
2007-01-07 22:11:05 · answer #7 · answered by Metal 4 · 1⤊ 0⤋
Nothing at all
2007-01-07 22:17:52 · answer #8 · answered by Anonymous · 0⤊ 0⤋