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Despite having lost track of how many homes I have looked at, you have no idea how much I wish I could say that we have found a home.
As we are finding out, first hand, the laws for selling and renting a home are a little "different" here in the UK than what we are used to.
My opinion, through personal experience, is that it would appear the laws favour being the seller, or, the landlord. And the tenant, or the purchaser, bears a lot of risk and expense.
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The system is set up that a verbal agreement is made between the tenant and landlord. The tenant then gives a substantial deposit to the landlord to show their good faith and intent to rent the property. The tenant must then complete an extensive and expensive number of checks, i.e. gas compliance certificate, mortgage compliance, etc and paperwork to complete the transaction.
Meanwhile, the landlord takes the deposit cheque, does not sign any papers, but SHOULD remove the property from the market while the tenant completes the necessary checks.