This petition was submitted during the 2015-2017 parliament
Petition Make it illegal to pull out of selling a property once the sale had been agreed.
My wife and I are trying to buy our first home. We have agreed to buy three different properties and the sellers ended up backing out on all three occasions. This is extremely upsetting and frustrating. This is not legal in other countries, so why should it be here? Home buyers should be protected.
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Almost everyone we know who had bought a home had this happen at least once. This is a huge problem and unfair for those trying to buy a home.
The seller can pull out of the sale at any time until contracts have been exchanged. The buyer can have spent lots of money before this and up losing hundreds, if not thousands, of pounds.
In Scotland, once a sale has been agreed, then the sellers must go ahead.
The law on this country should be changed to save home buyers from this heartache.
This petition is closed This petition ran for 6 months
56 signatures
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10,000 signatures required to get a government response