Petition Require home buyers pay a deposit to seller after mortgage approval

I think that the home buying process in England needs reform, to ensure that, once a sale has been agreed, buyers cannot easily pull out.

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If buyers were liable to pay a deposit after having a mortgage accepted, it could help stop time wasters. This is done in other countries and stops people from withdrawing from the sale.

This petition closed early because of a General Election Find out more on the Petitions Committee website

14 signatures

Progress of the petition towards its next target: 14 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 30 May 2024
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