Hang On for Auction Steal ; Home Truths

Summary


Ross Clark answers readers' queries to help make your buying, selling or letting easier email your queries to ross.clark@mailonsunday.co.uk

Three months after I had an offer accepted on a house last June, and with contracts still not exchanged, it was repossessed. I then sought to have my offer accepted by an asset manager, which was eventually agreed. I completed the sale of my own property and moved in with friends. Six months later, having spent a lot of time and money, I have still been unable to exchange contracts. The bank that repossessed the property is now demanding that the estate agent readvertise the property in the hope that my offer can be improved upon.

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Extract


Hang On for Auction Steal ; Home Truths

Do I have any rights? As with any property purchase, a deal is not a deal until contracts have been e...

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