Text for Report on Title
ROT: Buyer - Funded Off-Plan Development: Deposit to be Released to Developer
- Change date
- 12/10/2026
- Word count
- 618
- Deployment measure
- 7/10
Rationale
Draft wording where more than the usual deposit will be released before completion and used to fund the development, particularly where the buyer has no first-ranking security, guarantee or comparable protection. To be adapted to reflect the actual contract, release conditions, security arrangements and priority of the developer’s funder.
#### Release and possible loss of your deposit This is not an ordinary residential purchase. You are being asked to pay £[amount], representing [percentage]% of the purchase price, on exchange
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