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I guess folks just roll with it, rather than being like 'nope, I'm takin' ya money. Bye!'
It's not quite that simple, they can be moved in 'exceptional circumstances' but there's some handwaving there.
Plus most people are trading up and need the sale to go through or they can't afford the place they're buying and would therefore be likely to lose more in their deposit than they'd gain from receiving the deposit on their place. Then you've got all of the unrecoverable costs (solicitors fees, surveys, removals, etc) on top of all of that.
It's usually the one that initiate the balls up that ends up paying for the additional costs associated with a supplemental contract. Obviously it's easier if the chain is short.
Greenbank-
It's not quite that simple, they can be moved in 'exceptional circumstances' but there's some handwaving there.
Really? It isn't provided for in the Standard Conditions of Sale, and I can't remember any contract for the sale of land which I've seen which allows the buyer to defer completion due to 'exceptional circumstances'.
Brommers
That completion dates are movable is news to me.
I guess folks just roll with it, rather than being like 'nope, I'm takin' ya money. Bye!'