Gazumped :(

Landofwood

Wassa123 wrote: »

The last few properties we've offered on:

280k asking, we were outbid offering 305k.
240 asking, we were outbid offering 248k.
280k asking, we were outbid offering 288k
320k asking, we offered 320k, they asked for more, we said we'll see our financial advisor in 2 days. They said ok, then had an offer 'way over' and didn't want to wait for us to find our limit.

Yep Newbury is booming. Lovely high street, good transport into London and a subtle hint of snobbery which attracts the wealthy.

If you can swallow your pride buy in Thatcham. It has a bad reputation but things will change. Closer to Reading for the Crossrail and only a few minutes from Newbury.

How's this for value?

Florence Gardens, Thatcham
http://www.rightmove.co.uk/property-for-sale/property-53294519.html

Hawthorne Close, Thatcham
http://www.rightmove.co.uk/property-for-sale/property-53364080.html

Deccan Grove, Thatcham
http://www.rightmove.co.uk/property-for-sale/property-53118989.html

Urquhart Road, Thatcham
http://www.rightmove.co.uk/property-for-sale/property-52376702.html

Landofwood

This is a nice one

NEWBURY, Berkshire
http://www.rightmove.co.uk/property-for-sale/property-34835136.html

What are your requirements OP?

Lord_Baltimore

I would:

1. gazump the gazumper (if there is one) so that they get a taste of their own medicine and the EA wets his pants thinking he's on big commission;

2. procrastinate for a few months until other buyers (if there are any) are looking elsewhere;

3. gazunder to my original offer late in proceedings;

4. walk away if necessary .

csgohan4

What goes around comes around, and you won't lose money either because all the searches and solicitor's are still with the same property.

cr1mson

Why would you need to sign another AST surely best to leave it to go to a periodic tenancy?

Wassa123

Landofwood wrote: »

What are your requirements OP?

Looking for a 3 bed near the north end of the town for me to walk to work and near the A34 for the missus.

Lord_Baltimore wrote: »

I would:

1. gazump the gazumper (if there is one) so that they get a taste of their own medicine and the EA wets his pants thinking he's on big commission;

2. procrastinate for a few months until other buyers (if there are any) are looking elsewhere;

3. gazunder to my original offer late in proceedings;

4. walk away if necessary .

I had thought about doing this. If more properties come on the market it would certainly be an option!

cr1mson wrote: »

Why would you need to sign another AST surely best to leave it to go to a periodic tenancy?

We're in a houseshare of 3 (me, missus, friend) that comes to the end of a fixed term in mid September. The friend wants to move out which would end the tenancy and make us look for a new place.

Landofwood

Wassa123 wrote: »

Looking for a 3 bed near the north end of the town for me to walk to work and near the A34 for the missus.

VERY specific requirements. Good luck with that!