Rejected petition Change the laws surrounding buying and selling of domestic properties.

Current laws surrounding the sale and purchase of domestic properties are old and unsuitable for the 21st. century housing market. They are unfair, and allow for buyers to 'pull out' of a purchase without penalty, costing sellers thousands of pounds in fees, which they will have to pay again.

More details

Currently, if a person makes an offer on my property for sale, and I accept it, the buyer can pull out of the sale for any reason. Depending of the amount of time elapsed, I would have instructed solicitors who would have done background work and prepared legal documents. In the event of my buyer pulling out, I am financially responsible for all of the costs incurred by my solicitor up to that point. This is unjust. This situation does not happen with Scottish law.

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.

We have published the following petitions, which you might like to sign:

Create financial penalties for property buyers who pull out of purchases: https://petition.parliament.uk/petitions/624545

Make home sellers liable for costs incurred by buyers if they pull out: https://petition.parliament.uk/petitions/616634

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

Date submitted 11 November 2022
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