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Failure to complete house purchase after exchange due to coronavirus

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Comments

  • ashe
    ashe Posts: 1,578 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    jamie_128 said:
    what a random question, you do know only 300 people in the uk are infected as it stands? its just a slightly deadlier strain of flu, the media have got everyone panicking way more than they should. 
    No, 300 people have been tested and confirmed, the actual infection rate will be far higher because not everyone is getting tested daily. 
  • John_
    John_ Posts: 925 Forumite
    500 Posts Name Dropper
    Looking to exchange in a couple of days, and part of a long chain. What happens if someone in the chain has to self isolate before completion and/or gets the virus, and thus the chain goes into default AFTER exchange of contracts ?? 
    What does the contract say with regards to Coronavirus in general, and this new variant in particular?
  • mj2014
    mj2014 Posts: 40 Forumite
    10 Posts First Anniversary
    jamie_128 said:
    what a random question, you do know only 300 people in the uk are infected as it stands? its just a slightly deadlier strain of flu, the media have got everyone panicking way more than they should. 
    What Ashe said. Also, no it’s not ‘another strain of flu’. ‘Flu’ refers to influenza which is a group of negative sense single stranded RNA viruses. Coronavirus is a group of positive sense single stranded RNA viruses. They’re not different strains of the same virus. 
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Market crash deepens, PTB looking increasingly wrong footed.
  • As an aside, some of you may need to note that BAR (British Association of Removers) have now suspended their advanced payment guarantee.I have also heard that some removers are demanding full payment up front, without any consequential liability for non performance. 
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