Submitted on Tuesday 7th November 2017
Rejected on Thursday 9th November 2017
Current status: Rejected
Rejection code: irrelevant (see below for details)
Changes to the law when buying and selling a property in England, Wales and NI
In England, Wales and NI there is no law in place or written negotiation between both solicitors - a purchaser and buyer when an offer is made on a property. The ‘missive’ or contract as it’s known in Scotland would prevent financial loss to gazumping, gazundering and pulling out of a property sale.
This is already a law that’s in place in Scotland, the same law should be in England, Wales and NI
A few examples are:-
Another person guzumps an offer, the seller accepts and causes financial loss to the first buyer
Another where a buyer at the start of the chain decides a week before completion to pull out, again causing financial loss not only to all parties in the chain but to the solicitors and estate agents for their time.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
Laws for buying and selling property in Northern Ireland are the responsibility of the Northern Ireland Assembly.
You may wish to sign this petition instead: petition.parliament.uk/petitions/201805
If you'd like to send a petition to the Northern Ireland Assembly, you can find the contact details here:
http://www.niassembly.gov.uk/about-the-assembly/contact-us/
3.133.117.107 Thu, 21 Nov 2024 20:15:03 +0000
