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Thanks Terry. I heard it is also possible to enforce the contract through the courts - is that a viable option? What happens if the deposit is not paid back? What mechanism / recourse do I have? Have you dealt with serving notices before? I understand it's fairly technical and I don't...

Hi all, I bought at auction 6 weeks ago and last week was informed via my conveyancer that vendor can't settle to plan because of "issues with their Bank". In discussing options with my conveyancer I lost confidence that they know what they're doing so am now seeking recommendations for...