Single & First Time Buyer: offer rejected

cazs

125 to 160 is a big jump to be fair %wise but as mentioned above it may be that the area in which you're looking is 'hot' right now.

I also think that there's a bit of a knock on effect in play here. Prices are generally going up. The more that keeps happening, the more people need to compromise and person X who may in the past have been able to get a 2 bed, now can only stretch to a one bed. As demand increases for smaller properties, the prices will likewise go up.

Windofchange

This has got walk away written all over it.

You can add money to your already overpriced room (sorry flat) to extend the lease:

http://www.mypropertyguide.co.uk/articles/display/10111/should-i-buy-a-flat-with-a-short-lease.htm

Add to that the estate agent sounds like he's trying to do a number on you.

If you've really got your heart set on this for whatever reason I would say here is my final offer based on x,y,z. It is valid for two weeks.