# The Housing (Right of First Refusal) (England) Regulations 2005, Regulation 10: Time limit for completion of purchase


(1) A person who accepts an offer must enter into a binding contract with the owner for the purchase of the property—
(a) not later than 12 weeks after the date on which the acceptance notice is served on the owner; or
(b) not later than 4 weeks after the date of receipt of written notification from the owner that he is ready to complete;
whichever is later.
(2) If the time limit in paragraph (1) is not complied with, the owner may dispose of the property as he sees fit; and these Regulations shall not apply to any subsequent disposal of the property by him.
(3) If either or both of the parties request that the District Valuer determine the value of the property in accordance with section 158 of the 1985 Act, the time from the date that the request is received by the District Valuer until the date that the determined value is notified to the parties shall be excluded from the calculation of the period in paragraph (1).

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Source: https://www.legislation.gov.uk/uksi/2005/1917/regulation/10 (the official version)
Page: https://openlegislation.uk/housing-right-of-first-refusal-england-regulations-2005/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.