14/05/2026
Losing your deposit could happen in certain situations once a contract has gone unconditional — although there are usually many steps and processes in between. This is just one possible outcome that doesn’t always occur, but is important to keep in mind.
A lot of buyers don’t realise that going unconditional means you’re legally committed to completing the purchase. If settlement can’t happen and the agreement is cancelled, your deposit may be at risk.
It’s not meant to scare you — just something important to understand before signing. Due diligence, secured finance, and legal advice matter 👀
This content is general information only, is not legal advice, and should not be relied on as a substitute for individual legal advice.
Losing your deposit could happen in certain situations once a contract has gone unconditional — although there are usually many steps and processes in between. This is just one possible outcome that doesn’t always occur, but is important to keep in mind.
A lot of buyers don’t realise that going unconditional means you’re legally committed to completing the purchase. If settlement can’t happen and the agreement is cancelled, your deposit may be at risk.
It’s not meant to scare you — just something important to understand before signing. Due diligence, secured finance, and legal advice matter 👀
This content is general information only, is not legal advice, and should not be relied on as a substitute for individual legal advice.