Can either party withdraw without penalty?
At the present time the answer is “yes”. Obviously each party will lose costs already incurred which cannot be recovered from the other party, e.g. their legal fees, survey fees and other expenses. Requests are often made to the withdrawing party to make a contribution, but they are not legally obliged to pay anything. We however, offer you a no sale no legal fee transaction so you would only have to pay any disbursements incurred.