So my partner and I are in the process of buying a new build in Wexford and we first time buyers. This will be phase 6 of this estate and we’ve seen the display houses and have spoken to current residents who have great things to say about the process (other than a few delays).
Only thing is, in the contract it states that if we fail to complete the sale on our end, they can potentially keep our 10% deposit. After speaking to a resident, she said that another buyer she knew couldn’t get the mortgage in the end and they refunded her the 10%.
Also, they are saying we will only have 14 days to drawdown once we are notified the house is complete, is that not a very small window?
Our solicitor have gone back and forth with them and they are not budging. Is this normal or should we be worried? Thanks in advance