Why do this ???
The result may be worse for the intended buyer.

as such you can (and legally I have always been told you should) include the clause “subject to finance” I do it all the time and always purchase for cash (hence don’t even need it). The reason to include it, is because it is a “legal” out, and all you have to say is “the bank has declined the finance” (and if you word up the bank they will back you on your decision to pull out and assist with your little white lie!!!!

Yes do use the subject to finance clause but use it as it is intended.

That being to get finance for the intended property.

If you abuse the clause and think you can get away with it by implicating the finacial institution you are a novice.

If you do not want the property why bother putting in an offer?

A white lie is still an illegal act.
Not just unethical.

Why would the bank want to lie for you or me?

Once you have signed a contract subject to finance and it has been accepted by the seller you have a legal obligation to obtain the required finance within the set time of the contract.

If the property has no interest for you after the cooling off period, your legitimate out, don’t think that the finance clause alone will save you.

You must endeavour to get the finance from what ever source avalliable. That is any legit finance institution.

If you breach the contract as the buyer the seller has rights too.

Do not forget the seller has a bunch of rights as well.
Some include compensation from the inteded Buyer.
They are legally entiltled to excersise their rights.

In a passive market think very carefully about what you do want and do not want.

Always do your research first ask lot’s of questions and then deliberate carefully before signing any contract.

Most of all Do not LIE .