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  1. Propertunity

    Bought property which is unable to settled

    From what the OP said, I cannot see any way to have avoided this situation. The OP is still getting free rent which is one upside. Well the contract would not be able to be enforced as the mortgagee's rights seemingly override the vendor's. Yes or buy later at the MIP sale Yes
  2. Propertunity

    Bought property which is unable to settled

    The agent would ask what names the property was in and would need those names on his selling agency agreement but that would be all. The rest is up to the vendor's solicitor to do when preparing the contract of sale. No. The only time an agent would be taking instructions from a mortgagee would...
  3. Propertunity

    Bought property which is unable to settled

    I think you'll find that the mortgagee(/s) hold all the power to decide who sells what to whom and for how much.
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