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Conveyancing laws

Comment 5th July 2010

The conveyancing laws for England, Wales and N Ireland need amending to be more in line with the Scottish laws whereby a contract is entered into when an offer is made on a property.   To be honest all I know is this part of the Scottish law and don't know what other differences there are but our laws cause so much stress to prospective housemovers not knowing sometimes until the last minute if a sale/purchase is going ahead.    Extra expense can also be incurred when a sale/purchase falls through.  A change in the laws would of course have an effect on the housing market and not being an economist or financial expert I have no idea what the effect  would be but would be very interested in an expert opinion.

 

Regards

 

Kath Lingard

Why does this matter?

My idea is important because it affects the majority of home owners in England, Wales and Northern Ireland as well as prospective homeowners.


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