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Reduce asking price by 10% or offer 10% deposit paid?

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Comments

  • Stamp duty is paid above 125 so i doubt it will sell above that
  • SquatNow
    SquatNow Posts: 2,285 Forumite
    The longer it takes to sell, the less you'll get. Drop it by 10k every fortnight until it sells.

    The purchase price/deposit paid etc arn't really as relevant as the value the banks valuer puts on it.
    Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.
  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    ""How many building soc will accepted gifted deposits of 10 %""

    almost none

    lenders now want to know where the deposit is coming from - they have had gifted deposits come back and bite them on the bum a few times with new builds, so are now very suspicious of them
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