Gazumped by Bank and their Solicitor

gazumped

In January agreed to I buy the house from the Bank and paid the requested deposit to the agent.
They sent the contracts to my solicitor in mid January.
I signed the contract on 19th February, even when my solicitor was waiting for more documents from Banks solicitor.
In the mean time me and my family bought/booked a lot furniture based on the measurements of the house.
Got my sons admission to the school in Adamstown.
Started all the packing for the move in March.
But on 28th February my solicitor received a fax from Banks solicitors saying that they are selling the house to a higher bidder. In other words they want to put the property back in the market.
This has put a lot of stress on my family and me.
All I feel is that it is very unethical act from Bank and their Solicitor, especially after they knew I have signed the contracts.
I hope to get some response from boards.ie members as to how this can be stopped from happening.
Especially by the Institutions which has put the Economy and tax payers under stress...
Secondly how the solicitor is allowed to do this.

The_Morrigan

gazumped wrote: »

I hope to get some response from boards.ie members as to how this can be stopped from happening.

Go to a solicitor and seek proper legal advice if you wish to take on the banks and the legal profession - an internet forum is not the place to find this type of information.