Submitted on Tuesday 9th March 2021
Rejected on Monday 19th April 2021
Current status: Rejected
Rejection code: duplicate (see below for details)
Reform house buying legislation so either party cannot withdraw without penalty
Stop people withdrawing from a house purchase / sell just before exchange and/or asking for a price reduction at the last minute as they know you have so much invested in the move. NZ and the USA have a fairer system for example.
Our house has been off the market for 6 months from accepting the offer, we have appointments and paid solicitors, arrangement with removals companies, we started packing then the day before exchange our buyer pulls out because they changed their minds, no reason. My wife handed gave notice at work and we received the call later that day. We are financially out of pocket, emotionally drained and this will be repeated across the whole chain. There is very little impact for the party that withdraw
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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/580334
18.116.87.196 Tue, 21 May 2024 08:26:42 +0100
