We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

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.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Approaching the Owner of a 'Fallow' House

Options

Comments

eddddy Posts: 17,968 Forumite

20 September 2023 at 2:46PM edited 20 September 2023 at 2:47PM

RHemmings said:

A seller deciding not to proceed is a risk in any property purchase.

Yes - but with other types of property purchase, you don't risk losing a £6k+ reservation fee in that case.

1
RHemmings Posts: 4,894 Forumite

20 September 2023 at 2:53PM

eddddy said:

Yes - but with other types of property purchase, you don't risk losing a £6k+ reservation fee in that case.

You are correct. The risk is several times higher than that of just losing search and legal fees.

However, I have still not ruled it out.

0

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

Categories

All Categories
350.9K Banking & Borrowing
253.1K Reduce Debt & Boost Income
453.5K Spending & Discounts
243.9K Work, Benefits & Business
598.7K Mortgages, Homes & Bills
176.9K Life & Family
257.1K Travel & Transport
1.5M Hobbies & Leisure
16.1K Discuss & Feedback
37.6K Read-Only Boards