Persimmon Contract Cancellation

davidmcn

FTBuyer19 wrote: »

the thing is we haven't actually put a deposit down yet as we are using help to buy. This is why I am posing the question.

Presumably your contract doesn't give you the option of walking away because you've changed your mind though? Otherwise it would be a fairly pointless contract. I would expect you'd still be liable for all of the developers' costs in remarketing the property (potentially a hefty loss if they don't achieve the same price). But you've seen your contract, and we haven't.

AnotherJoe

FTBuyer19 wrote: »

the thing is we haven't actually put a deposit down yet as we are using help to buy. This is why I am posing the question.

You wrote;

I have recently bought a plot with persimmon on an estate in Wakefield. We chose the plot as it was sold to us as being really private with nothing overlooking it etc.

We exchanged contracts in January with a June-Sep completion date.

So, if you really have exchanged, you are locked in unless you pay eye watering amounst to get out, as in tens of thousands most likely unless the plots are going up in price. Whether you paid a deposit is neither here nor there. You could, potentially, see if Persimmon will let you swap plots.

Do you think you might be mistaken about exchanging?

happy35

As it is a new build I would have expected that they will have exchanged contracts.

It is possible they have exchanged with deposit from the builder irva nominal amount.

FTBuyer19

thanks for all the replies.
We exchanged contracts but we don't put the deposit down until we move in.

I have contacted my solicitors who have put in writing to persimmon to put a fence up/trees or something just to block off the estate from the public footpath.

davidmcn

FTBuyer19 wrote: »

I have contacted my solicitors who have put in writing to persimmon to put a fence up/trees or something just to block off the estate from the public footpath.

They are putting up "something", there's a planting scheme in the approved planning drawings. It's hardly likely they're going to go through the process of seeking an amendment to the planning and erecting a fence along the whole boundary of the estate just to please you, especially if you're already locked into buying the house as it is.

k3lvc

FTBuyer19 wrote: »

thanks for all the replies.
We exchanged contracts but we don't put the deposit down until we move in.

I have contacted my solicitors who have put in writing to persimmon to put a fence up/trees or something just to block off the estate from the public footpath.

Just because you haven't put the deposit down (yet) doesn't mean you're not liable for it if you pull out :eek:

As for your solicitor writing to Persimmon 'telling' them to put a fence up :rotfl: - you do realise how little influence over this you or your solicitor have now that contracts have been exchanged

I refer back to my previous post - you need to rein in your expectations or have some very deep pockets