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Seller pulling out of sale (repossession), then readvertising at higher price

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  • Seller pulling out of sale (repossession), then readvertising at higher price

    Hi. My wife and I recently put in an offer at full asking price on a repossessed property. This was accepted provided we completed with 2/3 weeks, the vendors insisted we complete all the necessary searches etc as swiftly as possible. We appointed a conveyancing solicitor who managed to do this. We then went to our solicitor to sign our contracts for exchange later that day. Less than an hour later we were told that the contracts could not be exchanged due to an upcoming court case regarding the sale price. It turns out that we could never have bought the property at the agreed and advertised price as it was eventually relisted for £30,000 more. We have incurred costs of around £1400 (solicitors fees, searches, surveys etc) on a property we were never able to buy. Are we entitled to seek compensation and if so from whom? The estate agents, the vendors solicitors, or the vendors? Thanks for reading this.