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Strange situation - buyer wants to overpay...
Comments
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Given how much hassle it is having your house on the market, I'd be inclined to accept his offer - the second offer, not the offer involving overpaying - but set a short time limit (say 28 days) within which he has to complete (or perhaps just exchange, if that suits your situation better). I don't see why that shouldn't be achievable in his situation. If he messes you about in any way or doesn't meet the deadline, you can put it on the market then and, at worst, you've wasted 4 weeks. At best, you save the agent fees and a lot of tidying up for viewings!0
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I would want some sort of uplift clause in any contract.
One of these? http://www.bevirs.co.uk/commercial/overage.htm0 -
By buying your house for 220k, the prices of the rest of his properties go up as past sold prices are a major input to property valuations.
Otherwise there seems to be no reason for the buyer to offer a higher prices, pay higher stamp duty, etc.
It is illegal to understate sold prices to save on stamp duty. I would think it would also be illegal to overstate sale prices, though your solicitor should be best place to advise you.
DD0
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