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FTB need help regarding making an offer

Hey Guys

just need a quick advise. we looked at a property we liked
when we went to make an offer at asking price we were told by EA that someone else has already made an offer on the property however we can still make an offer

whoever gets the survey done first basically proceeds with the application

now we are FTB so not sure if this is advisable ?

our broker is trying to arrange survey however EA has warned us that if the other party goes in first and we cant proceed there will still be a footprint on my credit report

can anyone shed some light on this pleas


regards

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Personally I would find another EA to deal with. Along with passing on this property.
  • betmunch
    betmunch Posts: 3,126 Forumite
    Has the EA said that if you use their broker then they will stop the other party getting in before you?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • smacky
    smacky Posts: 229 Forumite
    no , infact EA said he wouldnt advise to make an offer and just 1/2 hour ago he informed me that 3rd buyer has made an offer of higher amount then what the owner wanted and owner prefers to sell it to this buyer

    strange world out there , but he said i can still go ahead with survey

    things dont sounds right here , does it
  • smacky
    smacky Posts: 229 Forumite
    may be the other party is using their broker hence more profit :-(
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