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Letter: Selling a house

Chris Charles
Friday 13 March 1998 00:02 GMT
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IF THE excellent scheme of legally binding bids which obtains in Norway (letter, 12 March) is to work in England and Wales, it first requires a complete change in the attitude of house buyers and sellers.

I know of nowhere else worldwide where a house purchaser expects a seller to wait whilst the purchaser sells his own house. This is the real cause for delay. In Norway, and indeed elsewhere, a purchaser is bound by his offer and has to seek bridging finance. Completion can then take place within weeks and the purchaser must assess the risk he runs of having two properties on his hands.

CHRIS CHARLES

Cheadle,

Staffordshire

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