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As a prospective buyer, you have no right to that information. You can always ask - but I imagine 99% of vendors would tell you "none of your business". You could, however, say that you intend to make an offer, but will only do so if the vendor tells you if they are aware of any financial...

Viv, you're getting all worked up and confused, but it's really quite simple. It seems that you can't force them to sell at the price you'd previously agreed. (Even if you could, your legal costs would far outweigh the benefit.) I think you are being confused and held back by thinking about the...

OK, Viv, it's clearer now. You did have an unconditional contract to purchase the property, but the vendor did not have the right to enter into that contract with you (because it was insufficient to clear the debt), and did not have the ability to execute the contract. As your advice...

I'm very confused about whether an unconditional contract to purchase existed. In any case, it doesn't sound like your solicitor is promoting your right to settle at the previously agreed price. Is this because your solicitor: a) doesn't think you had an unconditional contract that you're...

I don't understand why if the vendor is unable to settle in accordance with the contract. Usually "time is of the essence". What is the settlement date on the contract? :confused: