Changed Your Mind? Conveyancing FAQ
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John from Braintree
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FAQ questions and answers
Question
I agreed to buy a property, which is now listed as sold STC, but I've changed my mind and no longer want to buy it.
Answer
Hi John,
Not to worry, if buying in the UK (and not in Scotland), right up until you sign the paperwork, you are under no legal obligation to continue with the purchase. Sold STC means 'subject to contract' - you've agreed a price, but not signed anything yet.
We have more on information on STC that may be of use to you.
The team at
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on 08/09/2024