Buying houses in Scotland - discuss
I've been having discussions with friends about the differences between buying in Scotland and buying in England. One was always led to believe that in Scotland it was much simpler as there was no chance of being gazumped. In fact many people seem to think a verbal agreement to buy/sell is binding but I think not. However if an offer is made and accepted in writing, even though still subject to contract, is this binding or can one party still back out for no good reason, i.e. changed mind? If it's not binding, what's the difference between Scotland and England?
The early bird may get the worm, but the second mouse gets the cheese.
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