When do you need to get a solicitor when buying a house?

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[@fbloke75]

Hi Terry, is there any remedy / grounds for compensation if the vendor had no intention of selling a property (did everything to obfuscate / delay the negotiations and sale… made misrepresentations about boundary, went on four months holidays to Australia, introduced tenants into the property, when it was explained that mortgage approval (along with a tracker rate) was running out they further extended the agreed closing date and then used the fact that the purchaser had to re-apply for a mortgage from scratch as a reason to put the property back on the market (9 months after booking deposit was paid) at a price 30k higher than sale agreed. Purchaser went to all sorts of expense with their solicitor, engineers, 9 months rent and storage, loss in increased value of their own property in that period, loss of tracker… all because vendor was not negotiating in good faith. Is there any legal remedy / basis for compensation? Have since discovered the property has been ‘up for sale’ and has fallen through several times with different estate agents in last six years. Disgusted.

[@terrygorry]

No, unless there was a binding contract in place (both parties have signed and it is unconditional). Welcome to the real world, there is no compensation for disappointment, no matter how much disappointment.

[@fbloke75]

@@terrygorry Thanks for the response Terry, have been in the ‘real world’ as you put it, a long time - so no welcome necessary. If the losses were limited to ‘disappointment’ rather than actual financial disbursements there wouldn’t be an issue! No wonder the housing market has spiralled out of control when there’s no sanction for such misleading advertising and subsequent misbehaviour. Have a great day Terry and thanks again.