To those BUYING in these difficult times....

cankle

Hello!! Been away for a while, been ill also been on holiday!!

Update:

Exchanging today and completing Friday!!!!!!

OH MY GOD!!!! I cant honestly believe it, Im only going to be a chuffing home owner WOOOOOOHOOOOOOOO!!!!

:T :j :T :j :T :j

DarkHarbinger

Hello,

I'm hoping to get some advice from those if you with more experience with negotiations. We are first time buyers and we've just put in an offer on a house and we are wondering where to go next when the vendor gets back to us. The property is currently on the market for £200k to £230k and we put in an offer for £190k and now we think we went in higher than we had to.

Plus points for us as buyers: We have no chain, are in no rush to move and have verbal AIP for a mortgage.

The house has been on the market since at least April 2011 when it was for sale for £230k+ and, since then, has had its price dropped. From questioning the vendor there hasn't been much interest in the property and she has (apparently) been thinking of taking it off the market as she isn't in a hurry to move.

In light of the price drop, the length of time on the market, the fact we'd need to put in new carpets and wall paper and do some other work, we thought £190k was a reasonable offer.

As we haven't gone in for the standard asking price minus 10% we were thinking if our offer was rejected we should just hold steady at £190k rather than raise our offer straight off. What do you all think?