Owning your own home

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Howard in reply to @Dammit

That's crazy, the London market has softened off a lot - but if we don't get into transition talks by December then the banks will all flee and our economy will take a big dive.

Well, the legal aspect isn't crazy - contract exchange is the agreement and you agree what you agree. Etc.

What is crazy, is for the sellers to expect Hovis to bend over and accept them up to their wrist.

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Dammit in reply to @Howard

Yes, I wasn't commenting on the legal side, more the situation.

I guess Hovis could exchange if he had a legal mechanism to cover the potential negative equity situation, but that itself strikes me as a hugely risky endeavour.

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