Rejected petition Stop house buyers pulling out after formal offer

In the England house buyers can pull out up to exchange with no penalty and leaving the seller thousands out of pocket sometimes. The law should be changed to stop house buyers being able to pull out once, formal offer has been accepted.

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

https://petition.parliament.uk/petitions/332593

We only reject petitions that don’t meet the petition standards.

Date submitted 16 February 2021
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