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Selling House - Co buyers - One unwell

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  • Selling House - Co buyers - One unwell

    Morning folks,

    We recently accepted an offer on our house from a couple in their 70s. The lady had a stroke at the start of the year. They are cash buyers, and we concluded missives 2 weeks ago (date of entry is early June).

    The lady has just had another stroke - might be a bit morbid, but I am wondering what might happen if she were to pass away before completion? We have concluded missives on our own purchase (new build).
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  • #2
    Shelter has information of this subject and it says that once the missives are concluded it is legally binding and there is no backing out unless a provision is written in the missives to do so. If a person were to die, the executors should complete the purchase of the property.

    https://scotland.shelter.org.uk/hous...20to%20do%20so.


    The espc website also has information on this subject.
    https://espc.com/news/post/unusual-q...elling-a-house.

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