what is best way to prove i am a cash buyer?

hummingbird75

post removed

poppysarah

Show your solicitor the proof and ask them to speak to the EA - they will need to start looking at legal paperwork.
Find one who is used to working fast - one who does auctions is probably a good bet. Personal recommendations are good too.

Getting the solicitor lined up and ready to go is almost as important as anything else.

Your offer is made with the knowledge you can't reduce it - so no point having a survey done to try and cut your offer. Make your offer with the awareness of what might need replacing /repairing etc

hermanmunster_3

Never found it a problem - just told them I was a cash buyer, didn't have to prove it.

hummingbird75

thanks again for advice

:j

kinglewis

you will need to provide proof to the repo company as they usually refuse to accept any offer without proof in writing. ( The EA are telling the truth)

You can do this by showing your bank statements or a letter from your solicitor.. but if you are using a cheaper on line company this may not be so easy. Ring them to ask?? At least this way you can test their efficiency?

I would personally always prefer to use a local solicitor rather than a telephone based one. (Even though they may be a little more expensive) You get what you pay for with solicitors I'm afraid and you could live to regret using a cheap one.

With a repo you usually want exchange & comp asap to prevent another buyer coming in and gazumping you. Which could then cost you thousands in renegotiating.

you should ask them can they confirm in writing that they are able to complete within 21 days.

DVardysShadow

phoenix1975 wrote: »

... yeah i wasnt having survey done on it,

... with it being a repo comlpetion is within 21 days so wanted to move fast. have to prove i am a cash buyer due to it being a repo (so EA tells me)

i got a quote for soliciotor online using reallymoving.com as local solicitors were really silly prices. thought these solicitors would be good as they do everything over the phone/post.

Prepare for a really big disappointment with online conveyancers. They employ droids to front the phones AFAICS and only one qualified person to however many droids. They are oriented to cheap quotes rather than quick completions and the qualified people can only have limited involvement at critical points of the process. Doing it all by phone or post cuts no ice with me. It does not follow that is will be 1 second faster. I think too you will convey the wrong message to your vendor and his EA.

As for no survey, you don't look sufficiently experienced for that to be a wise move..

clutton_2

i agreee - dont use an online firm - use a local one, where you can at least go and sit in reception till you are seen if they are not moving fast enough......

ChrisCobra

Put it all in a bag in 50 notes

Richard_Webster

You can do this by showing your bank statements or a letter from your solicitor.. but if you are using a cheaper on line company this may not be so easy.

Frankly you are not going to get an online firm to do anything out of the ordinary. The case handler probably won't even understand what you are asking them to do. If they do deal with this (confirming you have the funds in cash tot he EA) it will be wonderful excuse (along with many of the other things in their small print that you might not have noticed yet) to charge you extra.

SouthCoast

I would personally always prefer to use a local solicitor rather than a telephone based one. (Even though they may be a little more expensive) You get what you pay for with solicitors I'm afraid and you could live to regret using a cheap one.

Agreed........................................

Milliewilly

I just took a printout of a savings account with an amount in the same as my offer price into the Estate Agents.

I echo the comments above about using an online conveyancer - you have a 21 day deadline don't forget.