On Thursday, July 16, 2015 at 5:35:23 PM UTC+1, charles wrote:
In article , Adam
Aglionby wrote:
On Wednesday, July 15, 2015 at 1:19:03 PM UTC+1, Adrian wrote:
On Wed, 15 Jul 2015 09:57:08 +0000, AnthonyL wrote:

If this is England or Wales, your offer is not binding until exchange
- so you still have an "out".

England. Yes very different to Australia where I have bought & sold
two houses.

Also very different to Scotland, where everything's binding much
earlier in the process.

Oh , it really isn`t ,notice the new rash of Sold STC, subject to
conclusion , or SSCM, sold subject to conclusion of missives.

Sold in Scotland is just like England now, Sold is when the money is in
your bank...


but the point at which you can back out without paying the other party's
expenses is, I think different.

It comes down to signing the Missives which buyers now delay to day of completion or near as possible. Lenders being pedantic is another hassle.

If your a cash buyer make sure the vendor is aware.

After an Englishman's word is his bond -
except when buying a house.

Gazumping and Gazundering...

After centuries of development would think system would be better than it is , get considerably more protection buying a tin of beans.


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