PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

Flat buying crisis

BobbyBanana123
BobbyBanana123 Posts: 10 Forumite
edited 20 August 2017 at 2:19PM in House buying, renting & selling
Hi.
I signed a contract to move into a shared ownership flat.

Comments

  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Name Dropper First Anniversary First Post
    It's not very clear from your post what the contract actually says, but you can usually only exercise the right to withdraw after a longstop date if you're still waiting for the completion notice to be served - it's too late to do it afterwards.
  • PField
    PField Posts: 89 Forumite
    First Anniversary
    Sound like you can get out of the contract if the flat was not ready by by 1st September the longstop date.
  • G_M
    G_M Posts: 51,977 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    Your solicitor has seen the entire contract with its exact wording. We haven't.

    So you need to get legal advice from your solicitor.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.1K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.2K Work, Benefits & Business
  • 607.9K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards