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cooling off periods

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shooz | 11:39 Tue 22nd Feb 2011 | Law
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My gran signed an agreement with estate agents to sell her property last week and has now changed her mind as she feels she was pressurised to sell.
She has been told there is no cooling off period - is that true
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how long has she signed for and what notice does she have to give.

I thought that signing things at home meant there was no cooling off period. Could she perhaps speak to the agents manager / head office and see if they will take it off as a good will gesture.
Have they advertised it yet / made brochures up etc?
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Hi thanks for your response. she has signed for 26 weeks.
It hasnt been advertised as of yet. Thanks I will call them.
I just feel she has been taken advantage of as they want the sale.
who approached who? I always thought (although i am notoriuosly often wrong) that if they cold called you (either by phone or at home) there was a cooling off period. if your relative contacted the estate agents to ask them to sell her house, then there is no cooling off unless specified in the contract
I think that's correct. There is a cooling off period with a cold call. This happened to my friend's uncle recently, who has dementia. They had to back off, because he didn't fully understand what he was signing.
Put in on the market for well over the proper asking price. It won't sell and after 22 weeks she can give them 4 weeks notice.
Surely cassa333 has the answer to your gran’s dilemma – give the estate agent ‘new instructions’ that the house is now on offer at double the previous asking price.
No its not true (if your gran signed in her own home).

Phone the Estate Agents up and ask them why they are not abiding to The Cancellation of Contracts made in a Consumer’s Home or Place of Work etc. Regulations 2008 and suggest that you may be contacting Trading Standards as well as your local papers if this is not dealt with immediately.

http://www.legislatio...08/1816/contents/made
If she no longer wants to sell there's no problem.... just tell them its off the market.

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