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Make an agreed offer on a property legally binding

Submitted by Steven Polkinghorne on Sunday 9th March 2025

Published on Wednesday 16th April 2025

Current status: Closed

Closed: Thursday 16th October 2025

Signatures: 102

Relevant Departments

Tagged with

Change ~ Contract ~ Cost ~ Legally ~ Money ~ Offered ~ Penalty ~ point ~ property ~ Pull ~ Sale ~ Warning ~ Withdraw

Petition Action

Make an agreed offer on a property legally binding

Petition Details

I want the government to legislate to change the point at which there is a binding contract during house sales. Once an offer has been agreed, I think here should be a financial penalty for pulling out of the contract.

Additional Information

When buyers withdraw from property sales without warning, it can cost people money.


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