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Relisting a house 8 weeks later

gadget88
Posts: 613 Forumite

A house I was buying they pulled out a week to go im in Scotland. I had signed my missives but not sure they done there’s. However they relisted 8 weeks later online it says
The seller may also be liable for the buyer's costs. Relisting the property after withdrawing from a sale, especially if done without notifying the buyer, can create legal complications and could be seen as an attempt to leverage a better deal.
While sellers can relist a property, doing so after pulling out of a sale, especially without informing the buyer, can be problematic. It can be seen as a breach of good faith and could lead to legal action.
Would there be any legal case?
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Comments
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Who has told you it “could lead to legal action”? What would be the basis for such an action? You never reached the stage of having a contract with them.0
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gadget88 said:A house I was buying they pulled out a week to go im in Scotland. I had signed my missives but not sure they done there’s. However they relisted 8 weeks later online it saysThe seller may also be liable for the buyer's costs. Relisting the property after withdrawing from a sale, especially if done without notifying the buyer, can create legal complications and could be seen as an attempt to leverage a better deal.While sellers can relist a property, doing so after pulling out of a sale, especially without informing the buyer, can be problematic. It can be seen as a breach of good faith and could lead to legal action.Would there be any legal case?I don’t know much about the Scottish system of home sales, but I don’t think you have any rights until contracts are actually exchanged. (Known as missives concluded, I think?) Signing your own half of the contract is just a step in the process, and it doesn’t bind the other party. You have been badly treated, but you have no legal recourse, I’m afraid.No reliance should be placed on the above! Absolutely none, do you hear?0
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The Scottish system is very different to the English one. The OP needs to speak to a solicitor about this. I understand, with the Scottish system, that once an offer is accepted there is a legally binding agreement unlike England where either party can pull out at any stage until contracts are exchanged.0
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TELLIT01 said:The Scottish system is very different to the English one. The OP needs to speak to a solicitor about this. I understand, with the Scottish system, that once an offer is accepted there is a legally binding agreement unlike England where either party can pull out at any stage until contracts are exchanged.As he said on the OP’s other thread about this, the Scottish system is quicker than the English one, and this leaves less scope for things to go wrong. For example, the property is marketed with a survey and valuation already done, so that’s a whole lot of potential issues already dealt with.No reliance should be placed on the above! Absolutely none, do you hear?0
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TELLIT01 said:
I understand, with the Scottish system, that once an offer is accepted there is a legally binding agreement unlike England where either party can pull out at any stage until contracts are exchanged.
In the old days it was much swifter but contracts are much lengthier than before, nobody trusts lenders to produce mortgage offers in time, people are fussier about e.g. past alterations, etc etc.0 -
I’m in Scotland and recently purchased a house.There is no legally binding contract until the missives have been concluded. We signed few things after our mortgage was approved however the contract was only binding once both us and our sellers agreed to conclude the missives (which is similar to exchange of contracts in England).
Only your solicitor can advise you OP, however unless concluded, there’s no comeback for you unfortunately,0 -
Isn't this in the wrong place and should be here - House buying, renting & selling — MoneySavingExpert Forum?0
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Okell said:Isn't this in the wrong place and should be here - House buying, renting & selling — MoneySavingExpert Forum?No reliance should be placed on the above! Absolutely none, do you hear?0
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So it should be reported as a duplicate post then?
Didn't he get the answer he wanted?0
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