PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Thank you for your understanding.

Fixed Prices in Scotland - Advice Needed!

Can anyone tell me what happens in the Scottish system where a house is fixed price and there is more than one offer.

We are interested in viewing a house which is fixed price and has gone to a closing date.
Thanks in advance if you can advise. :beer:
The Best Things in Life Are Free

Replies

  • With a fixed price generally the first offer in gets it. If they have gone to a closing date then they might not have had any offers or they might be willing to take an offer other than the first if the entry date is preferrable to them.
  • Sometimes a house is offered at a "fixed price" AFTER it didnt meet the sellers expectations on an "offers over" basis. I.e O/O £150K expectations would be maybe £175K. If they dont get this they may revert to a happy medium and settle for a "fixed price " of say £168K. If there are 2 offers then possibly the most flexible buyer re move in date etc could get preference however if sellers are "motivated" it may just be first past the post.
This discussion has been closed.
Latest MSE News and Guides

Check your Clubcard vouchers

Use our trick to extend them

MSE News

Preparing for summer

What MoneySaving things can you do now to get ready?

MSE Forum

Hot Diamonds 40% off code

Including already-reduced outlet stock

MSE Deals