Hi All,
Just bought IP 2 weeks ago. I exchanged early last week and am due to settle in Janruary. I just recieved a call from the Agent advising that the house has burnt down. Two of the rooms are totaled and she beleives its not quite salvagable. There is graffiti everywhere inside also.
.
I will be talking to my solicotor on Monday but can anyone tell me what will happen? Will I lose my deposit? Can the seller pull out? I have insurance and so does the seller on the property but the property is not yet legally mine.
.
Any advice, tips would be highly apprecaited.
thankssss
anxious George
Just bought IP 2 weeks ago. I exchanged early last week and am due to settle in Janruary. I just recieved a call from the Agent advising that the house has burnt down. Two of the rooms are totaled and she beleives its not quite salvagable. There is graffiti everywhere inside also.
.
I will be talking to my solicotor on Monday but can anyone tell me what will happen? Will I lose my deposit? Can the seller pull out? I have insurance and so does the seller on the property but the property is not yet legally mine.
.
Any advice, tips would be highly apprecaited.
thankssss
anxious George