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Seller pulling out of house

  • 12-12-2017 5:52am
    #1
    mursa01
    Registered Users, Registered Users 2 Posts: 6 ✭


    My husband and i were buying a house from his uncles, we signed contracts and deposited the full value of the property with our solicitor with an agreement we were closing on this Friday, she has sent our signed contracts to their solicitors. Last night we received a mail from the uncles saying they no longer want to sell. 
    Is there anything we can do? We agreed a price last Christmas and due to exchange rate fluctuations(we live in Sydney) have lost 20k buying the house along with the value rise of other property should we have purchased another property at that time, we are at significant loss probably to the tune of 100k or more. 
    Can we claim damages? or at least get them to cover solicitors fees?


Comments

  • #2
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    You can serve a closure order demanding specific performance

    Talk to your solicitor


  • #3
    Really Interested
    Closed Accounts Posts: 1,554 ✭✭✭Really Interested


    Mr. Incognito wrote: »
    You can serve a closure order demanding specific performance

    Talk to your solicitor

    Based on what contract?


  • #4
    Really Interested
    Closed Accounts Posts: 1,554 ✭✭✭Really Interested


    mursa01 wrote: »
    My husband and i were buying a house from his uncles, we signed contracts and deposited the full value of the property with our solicitor with an agreement we were closing on this Friday, she has sent our signed contracts to their solicitors. Last night we received a mail from the uncles saying they no longer want to sell. 
    Is there anything we can do? We agreed a price last Christmas and due to exchange rate fluctuations(we live in Sydney) have lost 20k buying the house along with the value rise of other property should we have purchased another property at that time, we are at significant loss probably to the tune of 100k or more. 
    Can we claim damages? or at least get them to cover solicitors fees?

    Without sight of the file no one here could if advice was allowed give any advice. Your solicitor will be able to give real advice based on all the facts.


  • #5
    Pat Mustard
    Registered Users, Registered Users 2 Posts: 9,554 ✭✭✭Pat Mustard


    mursa01 wrote: »
    Can we claim damages? or at least get them to cover solicitors fees?

    Mod:

    You need to speak to your solicitor about this.

    It is not appropriate to look for legal advice in relation to this matter, here.

    Please read the forum charter before posting again.

    Thread closed.


This discussion has been closed.
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