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What should I offer?

jude5
jude5 Posts: 10 Forumite
in House buying, renting & selling
I am a cash buyer and have found a property for £129,950 in a village in Leicestershire. Any advice on what my opening offer should be? I have read that some people offer up to 10 - 15% below the asking price - sounds a lot to me. :huh:
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Comments

  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    chickmug's post gives some great tips:
    http://forums.moneysavingexpert.com/showthread.html?t=1907059
  • pastmybest
    pastmybest Posts: 577 Forumite
    jude5 wrote: »
    I am a cash buyer and have found a property for £129,950 in a village in Leicestershire. Any advice on what my opening offer should be? I have read that some people offer up to 10 - 15% below the asking price - sounds a lot to me. :huh:

    Why not post a link and get some real in depth comments.

    Also I know the area and may know the village?
  • jude5
    jude5 Posts: 10 Forumite
    I'm not sure what you mean by "posting some links"!! The "village" is Broughton Astley (LE9). It has 2 double bedrooms but is large downstairs with a good sized garden and off road parking. The asking price appears to be average for this kind of property. I just don't want to go in too high or low!
  • brit1234
    brit1234 Posts: 5,385 Forumite
    jude5 wrote: »
    I'm not sure what you mean by "posting some links"!! The "village" is Broughton Astley (LE9). It has 2 double bedrooms but is large downstairs with a good sized garden and off road parking. The asking price appears to be average for this kind of property. I just don't want to go in too high or low!

    Right move link please, can then check it with property bee

    http://www.property-bee.com/
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • jude5
    jude5 Posts: 10 Forumite
    I tried adding property bee to my firefox but didn't get anywhere!! Thanks for your advice though
  • jude5
    jude5 Posts: 10 Forumite
    not sure how to do links either! Still not sure what you mean sorry - bit of a numpty when it comes to this kind of thing :(
  • jude5
    jude5 Posts: 10 Forumite
    I also went through chickmug's advice thread but had conflicting amounts quoted when using nationwide and HBOS calculator :undecided
  • The_Plush_Doormat
    The_Plush_Doormat Posts: 4,084 Forumite
    1,000 Posts Combo Breaker
    Is this the property? Fits your vague description: £129,950 2 beds in Broughton Ashley:

    house
    We could all learn a little something from the weather. It pays no attention to criticism.
  • pastmybest
    pastmybest Posts: 577 Forumite
    jude5 wrote: »
    I'm not sure what you mean by "posting some links"!! The "village" is Broughton Astley (LE9). It has 2 double bedrooms but is large downstairs with a good sized garden and off road parking. The asking price appears to be average for this kind of property. I just don't want to go in too high or low!

    I know the north side of Leicester but not down that far sorry but someone else may?
  • Eric1
    Eric1 Posts: 490 Forumite
    edited 6 March 2010 at 7:45PM
    This one?
    £129,950 2 bedroom terraced house for sale Kirtley Way, Broughton Astley, LEICESTER
    Ideal First Time Buy ! - This extended mid town house would make a fantastic first purchase providing much needed down stairs space! ..

    Property Bee says it's been on sale since 23 June 2009

    I guess it's safe to say you don't face much competition
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