Search Protect Home > Resources > Search Protect Search Protect Please Select The Reason For The Purchase Not Proceeding The property is withdrawn from sale by the vendor due to reasons beyond your control. The vendor receives and accepts an offer from a third party, which is a minimum of £1000 greater than your offer (which was previously accepted.) The vendor is not legally entitled to sell the property or to transfer interest in the property to you. The mortgage lenders survey or valuation of the property identifies that rectification work needs to be carried out, the cost of which exceeds 5% of the sum originally offered. The property sustains damage during the period from when your offer was excepted and before completion where the total cost of rectification work exceeds 5% of the property value. The initial mortgage lenders valuation of the property is less than 90% of the sum you offered for the property and which has been accepted. The mortgage lender applies a retention on the loan for the property and this figure exceeds 5% of the sum you offered for the property and which has been accepted by the vendor. A Local Authority search highlights that the property is the subject of a compulsory purchase order, in a flood plain, on contaminated land or over a mining area. You or the person buying with you dies and you or the person buying with you do not wish to go through with the purchase. You or the person buying with you is given notice of redundancy or given notification of relocation and you or the person buying with you do not wish to go through with the purchase. If you are human, leave this field blank. Next * Please note maximum file upload size is 8MB. Request a call back from a professional and experienced conveyancing search specialist Enter your details & we'll be in touch. 0800 043 1815 info@searchesuk.co.uk
