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Nully Jones
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Hi I bought a property at auction stupidly without viewing it first. I bid £28,000 for it and it went for £29,500. At the end of the auction the Auctioneer came to me and said that the winning bidder's card was denied so would I like it for £29,500. I said yes and when I came to pay for it the auctioneer pointed out that I would have to pay £6,000 in Auction fees on top. Again stupidly I paid that and the deposit with my credit card. Now my solicitor has informed me that I have bought an 'Underlease' Is there anyway that I can stop the purchase of this and get my monies back please or will I have to go through with it and loose my monies? I was sent a legal pack before the auction to read but I did not realise I was buying an underlease, but if I had shown the legal pack to the solicitor they may have pointed this out and I would not have bid. More fool me! Please help with any comments.
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12 September 2019 18:20 PM
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From: Nully Jones
12 September 2019 18:20 PM