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Any way of getting a deposit back after exchange?

9 replies

Tortington · 26/06/2008 00:02

?

just wondering.

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Califrau · 26/06/2008 00:06

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gomez · 26/06/2008 00:06

No idea don't do exchange thingy in Scotland. Presuming all not okay if you are checking?

Tortington · 26/06/2008 00:07

google says no

OP posts:
Califrau · 26/06/2008 00:10

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Tortington · 26/06/2008 00:10

just jitters - just pondering

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Tortington · 26/06/2008 15:36

still pndering if anyone has any ideas?

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noddyholder · 26/06/2008 18:23

I don't think you can custy unless the seller agrees it privately which is unlikely or if they get another buyer quickly.

fridayschild · 27/06/2008 14:00

there is no way legally, assuming you are talking about a house or flat purchase. If you exchange to buy, and then don't complete, the seller can keep the deposit. If their loss is bigger than the deposit then they can sue you for the balance. This doesn't often happen - but it did on the big new build houses in the last recession.

As noddy said, they might be nice to you. But you can't compel them to give it back.

Orinoco · 27/06/2008 22:24

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