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Under offer or SSTC?

Im being a bit fik today being monday and all but what is the difference?

A house we have had an offer accepted on, arranged a mortgage on and started the surveyors business is saying under offer

What more do we need to do to get it to sstc?:)
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Comments

  • There's not really much difference-it's more an EA term.

    Under offer: usually means awaiting survey, sale not really progressed very far
    SSTC: usually survey done and moving along swiftly with sale, possibly even set dates for exchange/completion, sometimes might even have exchanged.

    I wouldn't worry about it if you're purchasing, it doesn't make any difference to you.
    Scar tissue that I wish you saw, sarcastic mister know it all, close your eyes and I'll kiss you cause with the birds I'll share this lonely view.
  • ah ok, thanks

    theres 2 other houses we viewed and offered on 1 week and 2 weeks before this one and they are both sstc (all with same agent) so we were wondering what the difference was
  • are you buying 3 houses?
    2010 challenges
    Saving £8k to add to house deposit - done:D
    8000/10,200 done 28 April (started jan 1 2010)
    Lose 2 stone/ -5/23 to go
    Sell our house and buy another one
  • no the other 2 offers got rejected (one was best and final offers, the other we went back with a higher offer to be told the vendors had accepted someone elses offer)
  • ha ha..........i'm with you now :)
    2010 challenges
    Saving £8k to add to house deposit - done:D
    8000/10,200 done 28 April (started jan 1 2010)
    Lose 2 stone/ -5/23 to go
    Sell our house and buy another one
  • There's not really much difference-it's more an EA term.

    Hi Amy,

    Saw a brand new term today "SOLD STCM" - can you shed any light on that one ??!!!!
    :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
  • PottyHouse wrote: »
    Hi Amy,

    Saw a brand new term today "SOLD STCM" - can you shed any light on that one ??!!!!


    http://www.rightmove.co.uk/stc.html

    Look on here
  • Hmmmm then its even stranger then as our offer has been accepted...

    We got our mortgage approved today subject to surveys etc too so its definitely not just under offer..

    Might have to have a word in the EAs lughole tomorrow

    Thanks pastmybest
  • I think it does depend on which EA-with us we call it a B sale/Under Offer until survey has been done and a mortgage offer issued, then an A Sale/SSTC after that point.
    Scar tissue that I wish you saw, sarcastic mister know it all, close your eyes and I'll kiss you cause with the birds I'll share this lonely view.
  • Thanks all, You learn something new every day !!!
    :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
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