FTB - Are there any out there?

gelato_cat

Thanks for this. Stupid question of the day - whom do you address the letter to? The EA, if there is one, and, if not, the owner of the house?

Suze

Fire_Fox wrote: »

Your address

The date

To whom it may concern

Re: Address of Property

Further to our viewings on [dates], we are pleased to be in a position to offer to purchase the freehold on the above property for £x ([offer in words] pounds sterling). This offer is on the basis that the property is taken off the market immediately and is subject to survey and valuation.

Our offer reflects the poor condition of the internal/ external [delete as appropriate] fabric of the building, the falling property market and our strong position as prospective purchasers. Given that [address] will be vacant over the winter months, I trust our desire for a swift completion will recommend this offer to the vendor.

Stagnant Property Market
As you are no doubt aware property prices have fallen substantially in recent months and continue to do so. [Now specify prices of houses in the street that have sold, and refer to the large number still for sale in the vicinity].

Essential Repair Works
[address] is in a poor state of repair/ poor decorative order [delete as appropriate] and requires substantial capital input to bring it up to a habitable standard. Discussions with a local builder suggest that it will cost at least £x to replace the windows/ re-plaster/ modernise the kitchen/ install gas central heating [delete as appropriate].

Position of Purchasers
We confirm that we are first time buyers and thus in a chain-free position. Our finances are in place and we have instructed a local solicitor to act on our behalf in any property purchase. As a result we would be able to complete a sale quickly.

Should this offer be acceptable, our conveyancer’s contact details are
Name
Address

[If you have any questions relating to the condition or contents of the property ask them here]. I look forward to hearing from you at your earliest opportunity.

Yours faithfully

Your full names