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Gazundering threat

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Comments

  • Albermarle
    Albermarle Posts: 28,339 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I am not advising you to do it, but in any negotiation there is always the possibility of compromise.

    As an example buyer is demanding £10K off at the last stages ( gazundering).
    You can;
    1) Agree to it
    2) Tell them to stick it and see what happens
    3) Offer them £XK off on a take it or leave it basis, with no further reduction possible. Positive answer needed in say 24 hours or the deal is off. 
  • TheJP
    TheJP Posts: 1,985 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Say no to the reduction, it looks like they are calling your bluff. They wont want to start the whole process again this close to exchange and completion.

    No you dont have any recourse against their solicitors, as you havent exchanged and you dont have a contract with them. Errors happen and they are rectifying it. Your buyers are the ones creating the issue not the solicitor.
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