We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Been Gazumped what now?
Comments
-
DELETED USER wrote:Is there really a cash buyer, or is the seller trying to get 5k out of you? Unless you really, really want the property it might be better to call their bluff. If you get into a bidding war it could go up more than 5k. Seems very suspicious for a cash buyer to suddenly appear at a late stage when you are clearly eager to proceed.
It's a repo so it is advertised.0 -
DELETED USER wrote:Is there really a cash buyer, or is the seller trying to get 5k out of you? Unless you really, really want the property it might be better to call their bluff. If you get into a bidding war it could go up more than 5k. Seems very suspicious for a cash buyer to suddenly appear at a late stage when you are clearly eager to proceed.
I am a buy to let investor and finding the same reality as my clients - everything is going above asking price. Even with all my experience and being in a chain free large deposit position I really struggled to secure a place. I ended up having to go quite a bit over asking price.
It's all very well walking away, but it's a case of out the frying pan into the fire.
In London and the SE where I am it's a sellers market.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards