What happens if I change my mind about buying or selling?

Until the exchange of contracts, there is no legal obligation for the parties involved in a sale to proceed with the matter. Should you decide not to proceed with your sale and purchase, your solicitors will notify all parties on your behalf and agree a fee with you in respect of the work carried out. However, if contracts have been exchanged on your sale and purchase there are financial penalties which you would be responsible for should you decide not to honour the contract.

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