Sealed Bid Letter template

cupraturbo

We are looking to put in a sealed bid on a property, I need to get a letter to the estate agent with this and our solicitor and lender details.

Is there any where on the web I can get a template for this? I am terrible with things like this so any help would be much appreciated.

:beer:

Richard_Webster

Don't know about a template but a tip is to try to think through what to bid and it is sometimes about second guessing what others will do - so if you think others might bid £150,000, you bid £150,100.

Somebody might have thought of that, so you go for £150,101, but someone might have thought of that too, so what about £150,102?

Get the idea?

As a conveyancing solicitor I believe the information given in the post to be useful but I accept no liability except to fee-paying clients.

dnwilliams

The Estate Agent should be able to provide you with the necessary form.

The EA & the seller will require the following:-

Your Offer

Your current position (are you dependent on selling to buy, are you in rented accom’, FTB etc)

Your Financial arrangements (% Mortgage required if any, who this is arranged with, their contact details, how far down the line with it are you, confirmation that any equity your using is accessable etc)

Confirmation that you will not revise your offer after survey and will ideally have had a survey carried out already.

Your solicitors details

A timescale in which you envisage being able to exchange contracts.

In most cases the sellers are just as interested in the speed of sale as they are the offer, therefore, It is not necessarily the highest bid that's accepted.