Hi,

Has anybody attemped to withdraw from a purchase having paid the deposit and having signed a preliminary?

With a mortgage lender increasingly difficult to find for Bansko and rental income + resell value not looking too hot, I scanned through my prelim' and it seems to suggest a 35% penalty for pulling out (even though deeds are yet to be signed). Has anybody come across similar?

Having already gobbled up my deposit ,lying to get me to sign the prelim', are they really going to force another 20-odd thousand Euros out of me?!