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Changing the offer or negotiating after the wheels have been set in motion.
vgjfelix
Posts: 11 Forumite
Kind of did a bit of a boob when looking at a flat in a complex. It was the last one, estimated £3,000 worth of furniture thrown in and they're offering 25% initial deposit (to be paid back interest free within 10 years). But I've agreed on a price without consider an 'offer' as such.
I know this seems like lunacy and probably is but do you think it's possible to negotiate and get a bit knocked off? (£72,000 for a brand new, one bedroom flat). Very early on in process at moment. Only paid an reserve deposit of £250 and need to go for financial advice and mortgages etc.
Cheers.
I know this seems like lunacy and probably is but do you think it's possible to negotiate and get a bit knocked off? (£72,000 for a brand new, one bedroom flat). Very early on in process at moment. Only paid an reserve deposit of £250 and need to go for financial advice and mortgages etc.
Cheers.
0
Comments
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Wasn't it a bit risqu! reserving a flat without financial advice first? Do you have your own deposit? (as some mortgage companies won't accept gifted ones from builders!).
If they're volunteering to pay the initial 25% deposit, then sounds like it's 25% overpriced.
The mortgage company will want to value it before agreeing to a mortgage. Check what you agreed to when you paid the reserve!!Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
Better to lose the £250 now and walk away than the £10k plus you'll lose over the next year.0
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