This petition was submitted during the 2015–2017 Conservative government
Petition Make putting an offer on a house purchase in England legally binding.
Far too many people are being let down and are also suffering unnecessary costs from the fact that people can put an offer on a house they want to buy and then withdraw at any point before exchange without penalty.
More details
Buying and selling houses is such a life changing and costly process it should not be subject to people changing their minds in a whim. Many families can suffer heartache when a house chain collapses due to a person simply changing their mind. I propose that before people enter a bid on a house they should get a survey and any searches competed and be in a position to pay a deposit. This would add an a strong element of security to the house buying and selling process.
This petition is closed This petition ran for 6 months