Purchasing Property ,but Seller died before exchange
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4 Posts
15 years ago
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Hi,

I was buying a property as an investment ,I had placed tenant in property , the owner (my mother inlaw) gifted a deposit (witnessed and sighed by a lawyer, required by building society) ,and was due to exchange and complete same day within about 5 days, the seller had also signed deeds of novation , to mitigate SDLT on my part. But unfortunately she died after signing all the papers, there were no more to papers to sign. and I will also be left with legal fees . Can this purchase still go ahead ,IHT of ocourse will need to be settled.

Thanks

David

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