offer being made after 24 hrs on the market.

Radiantsoul

uk_property_expert wrote: »

Why not exchange contracts with completion when your early redemption penalty period expires. (long stop completion date) in the meanwhile rent them the property until then, you can ask for a release of deposit to pay for your deposit and 6 months rent. you can tell them that you are keeping it on the market until exchange which can be done in 48 hours.

The mortgage company is unlikely to agree in a period where there is a redemption penalty to changing the mortgage to BTL.
The purchasers might find there mortgage offer is removed if they hang around for months.
The purchasers are unlikely to want to rent somewhere when they are looking to buy.

Do you have any qualifications to advise on property?

jonewer

Seriously, what do you mean "Our property is on the market for offers in excess of 2K"

It does strike me as quite good value, unless its a parking space in Moss-side.

cavework

The house is up for sale on offers in excess of 200K .. it brings to the attention the buyers looking for properties in the 200K market..
Don,t take the P because of one mistaken comment by me, you know the figure the house is up for sale for if you read back.. you are not selling your home and renting .. Go play on another site if thats the best reply you can give.

kriss_boy

jonewer wrote: »

Seriously, what do you mean "Our property is on the market for offers in excess of 2K"

It does strike me as quite good value, unless it s a parking space in Moss-side.

Are you really too stupid to work out when the OP meant?

kriss_boy

jonewer wrote: »

Seriously, what do you mean "Our property is on the market for offers in excess of 2K"

It does strike me as quite good value, unless it s a parking space in Moss-side.

What does s mean?

Ms_Chocaholic

I think jonewer has just missed out the '

Kyrae

Doesn't matter how long it's been on the market, what matters is are you happy with the price? If they offered you £195k, and you said no and they upped their offer to £200k... would you accept their offer then? If it's a price you're happy with then accept it, otherwise 6 months down the line you might be wishing you'd accepted their offer as no one else has made one that high since

cavework

:rotfl:I think Jonewer has just lost the plot by trying to impress..
anyway
thanks for the replies..
if I come across a parking space in Moss side .. Jonewer you will be the first to know:beer:

jonewer

kriss_boy wrote: »

Are you really too stupid to work out when the OP meant?

cavework wrote:

The house is up for sale on offers in excess of 200K .. it brings to the attention the buyers looking for properties in the 200K market..
Don,t take the P because of one mistaken comment by me, you know the figure the house is up for sale for if you read back.. you are not selling your home and renting .. Go play on another site if thats the best reply you can give.

I dont know, thats why I asked.

Sheeesh! Look at the hostility round here!

I wasnt sure if the OP meant that his/her place is on for £200k or £210k or £211k or £213k or £201k or £230k or £290k or what?

It wasnt obvious at all from the OP that the price was in fact £200k because that wasnt stated anywhere else.

liubeliu

cavework wrote: »

Porting the mortgage is not an option as we will be renting..

That is what I did as we rented for 4 months until we found somewhere as I relocated due to work. In our case if we ported the mortgage (new purchase) no longer than 6 months after we redeemed the mortgage (sold old house) then the lender refunded the redemption penalty. Check the terms of the mortgage offer.