Buying a property is a huge investment, not just financially but personally too. So before making an offer, it is important to be sure you can afford the home you are interested in and that it is the right property for you and your family. 

However, as with all decisions in life, you may change your mind or something unexpected may happen which could force you to reconsider. Thankfully, the house buying process in Scotland does allow for some flexibility up until a certain point. Here we explain more. 

If you wish to discuss your property buying plans with our experienced Conveyancing Solicitors, please call our team on 0141 620 0800 or fill in our enquiry form, and we will be in touch. 

Can I change my mind after submitting an offer?

You are free to remove your offer up until the contract of sale is finalised and signed. In Scotland, this stage is known as the “conclusion of missives”. The missives process begins once your offer has been accepted and ends when all the conditions of the sale have been agreed upon by you and the seller. 

Changing your mind, especially later in the missives process, can have a time and financial impact for both you and the seller. That is why we strongly advise buyers to be as certain as possible about a property before making an offer. We are here to provide expert, tailored advice before and throughout your transaction.

What happens if I withdraw my offer?

After you have removed your offer, you will no longer be in negotiations with the seller to buy their property. You will not be penalised for removing your offer before the missives have concluded. If you were to withdraw your offer after this point, the seller would be legally entitled to take court action against you for breach of contract and/or ask you to compensate for their expenses arising from your late withdrawal. 

What should I do if I am considering withdrawing from the transaction?

We advise that you contact your Conveyancing Lawyer as soon as possible to make them aware of your concerns. If needed, your solicitor will provide you with information and guidance to help you make a decision. If your withdrawal is likely, the earlier you communicate this, the better for both you and the seller. If you are not sure what to do, please do not hesitate to contact your legal representative for help.

How do I let the seller know I wish to pull out of the sale?

If you decide to go ahead with withdrawing your offer, your lawyer will send a formal withdrawal letter to the seller’s solicitor without delay. You will be informed once your offer has been officially removed and you are no longer in negotiations to buy the property.

Contact our Residential Conveyancing Lawyers for Glasgow's Southside: Clarkston, Newton Mearns, Giffnock, Netherlee, Eaglesham, Carmunnock, Stewarton & Southside Glasgow

Our Residential Conveyancing Solicitors understand the importance of buying a new home. So, we make it simple for you to contact your dedicated representative, whether you need legal advice or reassurance at any stage. To find out more about our Residential Conveyancing Services in Glasgow’s Southside, contact us on 0141 620 0800 or fill in our enquiry form, and we will be in touch as soon as possible.