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Managed to have a word with my conveyancer and she advised against it as well. So no go. Thanks all.

thanks but what I meant was is if there a downside to signing it. Any risks etc. Couldnt get my conveyancer- will try her later on. The settlement is in four months - maybe thats the reason why the seller wants to go through with it.

Hello all, After a loooong back and forth- finally managed to get my 1st IP. Yay!! Firstly, thanks to all those who helped me along the way: http://www.somersoft.com/forums/showthread.php?t=60412 Been a few days since we exchanged contracts and today I got a call from RE Agent asking...