Putting in an offer at closing date- first time buyer

gill15

I am a first time buyer and purchasing on my own and finding the process a bit confusing and stressful so any advice is appreciated. I have seen a financial advisor who gave me an agreement in principle for a mortgage and he told me I basically had to just find what I liked and call a lawyer(he recommended one) and they would deal with everything and advise me accordingly. Seen a house on Saturday I really liked and then called the estate agent on Monday to say I liked it, they had interesting from a viewer the week before and asked what I wanted to offer but I asked for the home report first and wanted to speak to financial advisor too as I had no idea really what to offer.

House was for sale at offers over 117k and home report is 125k. There's a closing date for tomorrow at 12 and the advice i have had is offer what I think is best and there is one other bid being submitted too as far as the estate agent has said.

Based on this information does a bid of 121k seem good? Is it normal for the lawyer to not ask offer details until the day of closing from me?

Any advice, tips or comments are appreciated as I feel a bit clueless and stressed and also really want this house!

Cakeguts

Are you in Scotland?

thesurveyor

Do you like the house?

Can you afford the mortgage payments?

Can you afford the deposit?

Can you afford the solicitors/surveyors fees?

At the end of the day it's going to be on you who's paying the bills and as knowledgeable as they all are on here it will be you living there.

I suggest you write a list on what you want from a property and check against the property you mentioned.

gill15

I am in Scotland
I really like the house and there's no negatives to the property at all
I have around 25k in savings and want to pay a 15% deposit so I do think it's affordable. It's more the process that's confusing me than the property. My mortgage advisor is on annual leave for 2 and a half weeks, the lawyers I was recommended have so far had a 5 min chat over the phone, sent me an email with their fees and then a follow up email when I got back in touch to say great we will call you Thursday morning to discuss when the closing date is Thursday at 12. The estate agents don't seem helpful at all and seemed surprised when I asked them for the home report and I think having another person interested is just causing them an inconvenience and delay.

I am a first time buyer, buying on my own with little support elsewhere to help me with the process. Most people I know who have recently bought property have got new builds and used help to buy and also bought with a partner so another person to sense check what they are doing. My concern is I miss out something important and it all goes wrong at some point because of something I've not realised I've missed