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Hi,Thanks for your question.
Unfortunately, any part can withdraw from a house purchase if contracts have not been exchanged yet. This is because everything is "subject to contract" until such time as contracts have been exchanged.
This means that if a party withdraws at any time before contracts are exchanged then no party can sue any other party for their loss or compel them to complete the sale or purchase.
This is regardless of whether there is a chain of properties, or if you have spent money or if you have offered the full market price.
It's regrettable and a common complaint, but there is legally nothing to be done. It's just bad luck.
Please remember to leave feedback using the starts at the top of the page.
It doesn't matter if you are in a chain or not, the principle applies regardless.
If you have not exchanged contracts via solicitors then parties are free to withdraw from the transactions without any party being able to sue the other.
No owner of a property is obliged to accept an offer on their property. They can choose to sell for market price or less, they could choose to sell for £1 and no person would be able to sue them for not accepting a higher bid.
You are 100% not entitled to buy the property. The seller is free to withdraw. Even if you had offered much more than the market price the seller would still be entitled to withdraw
There is nothing you can do to compel the seller to sell you the property.
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It doesn't matter. You can't do anything about it beyone appeal or complain to them
I have answered your original question, so please do leave feedback.Tom