In times when there are more and more purchasers failing to complete the purchase of properties, one recent case provides a timely reminder that loose and inconsistent drafting of property sale contracts can leave a vendor red-faced when seeking to rescind the contract following service and expiry of a notice to complete.
In Chinnock v (1) Mustafa Hocaoglu (2) Vasfiya Hocaoglu  EWCA Civ 1175, the Court of Appeal analysed the meaning of the contractual provisions in a residential sale contract.
The vendor and the purchaser had entered into a contract for the purchase of freehold property. The purchase price was £120,000, with a 10 per cent deposit paid on exchange. Completion was set for 12 February 2007, but d...
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