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developer pull out
jimmylanfeng
Posts: 2 Newbie
hi guys
i signed the reservation form for a new build (500 GBP deposit hasn't been taken yet), two days later, got a call from developer saying that their sales director did not agree on the sale. they dont want to sell me the house, what is my right here? anyone any thoughts or suggestions?
many thanks
Jim
i signed the reservation form for a new build (500 GBP deposit hasn't been taken yet), two days later, got a call from developer saying that their sales director did not agree on the sale. they dont want to sell me the house, what is my right here? anyone any thoughts or suggestions?
many thanks
Jim
0
Comments
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Do you have a contract with the developer, if so what does it say about either side pulling out?It's someone else's fault.0
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Your right? - nothing, unfortunately.
My sister had this happen to her, after paying the reservation fee and some way down the purchase route and there was zilch she could do about it (as it's a reservation fee, not a deposit. And you haven't even paid it anyway.)They deem him their worst enemy who tells them the truth. -- Plato0 -
not at the stage of exchange contract yet. only reserve, sales girl faxed it to head office for processing and then was told by sales director the price is not right! it's only 3000 pounds difference!0
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I'd certainly expect to get my money back but you can't insist on the sale taking place at that price unfortunately, as you haven't got to exchange yet.0
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