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Getting out of compromis


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Changed your mind about a house after the 7-day cooling-off period of the compromis?

Get your bank to write you a letter saying they're not going to lend you the money to buy it. This is your "Get out of jail free" card.

If you're rich enough to not need a mortgage, you can safely ignore this piece of gratuitous advice.

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yes but only if you had a clause suspensive put in that says the purchase is subject to mortgage - otherwise if this clause is not in as a suspensive one , then you cannot use it as an excuse to get out of the sale after the 7 day period.

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