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Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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Buyer pulled out of house on day of completion have they any

Resolved Question:

Buyer pulled out of house on day of completion have they any grouds for doing so
Submitted: 2 years ago.
Category: Law
Expert:  Ash replied 2 years ago.
Hello my name is ***** ***** I will help you.
Just to be clear, they exchanged contracts?
Customer: replied 2 years ago.
What a con stay clear
Expert:  Ash replied 2 years ago.
I need information to help you. Just to be clear, they exchanged contracts?
What reason has given to pull out?
Customer: replied 2 years ago.
Yes contract exchanged the reason that was given was that sewer pipe was running traverse to house.
Honestly I think this buyer has not enough money to complete the extension that she wants
Expert:  Ash replied 2 years ago.
Yes indeed. This is breach of contract and you can sue for loss and damage. So any interest you have had to pay, together with any costs associated, ie legal and marketing.
Once exchange happens this is a binding contract and you can sue for any loss and damage. You can also apply to the Court to MAKE them exchange.
Can I clarify anything for you about this today please?
Alex
Ash and 2 other Law Specialists are ready to help you
Customer: replied 2 years ago.
I thought this was the case after the exchange thank you confirming this to me