Submitted on Wednesday 7th November 2018
Rejected on Tuesday 13th November 2018
Current status: Rejected
Rejection code: duplicate (see below for details)
Once a property offer is accepted, vendor or buyer couldn't pull out of choice
Currently buyer OR seller has the option to pull out even on the day exchange/ completion. I know many people who have lost their future homes and also lost money on searches, valuation, solicitors, planning causing them and their families a lot of anxiety and stress.
I have seen in the last 2 years of my property investment journey that there is a need to regulate an area in our law of property buying & selling (within England/ Wales).
This regulation will not only help families & investors to make serious buying / selling and will eliminate any time wasters.
Also I spoke to few friends who tried buy homes / properties and at the very last minute vendor pulled out that caused them a lot of stress as they lost their hard earned money for nothing
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:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
petition.parliament.uk/petitions/229012
3.19.29.89 Sun, 28 Apr 2024 13:10:33 +0100
