Buying or selling property is a big deal for most of us, and no one wants to be in the position of a couple who, having viewed a house advertised as “a renovator’s dream”, signed an offer to purchase immediately but then changed their minds. 

Too late! The seller had already accepted the offer, creating a binding sale agreement. The buyers’ breach left them liable to pay the agents their commission - a costly mistake which they could easily have avoided. We discuss, with a focus on the High Court’s application of the old “let the signer beware” maxim.