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What to offer on a 400k house?

sandyk01 · 2018-05-08 09:37:14

Hi all, So we are looking at buying a house- been out to see a few and like one thats up for 400k. Its a nice house with potential to extend at a later date. It does need some work inside i.e bathroom needs updating, usual walls/flooring etc so definitely not a house you can just move into and not do anything. So what…

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Crashy_Time Posts: 13,386 Forumite

14 May 2018 at 3:06PM

gycraig wrote: »

Problem is a few percent is still a Tiny amount when you figure it over an average mortgage life span.

People haggle to death over 2k when it’s pennies on a mortgage

Most people selling are dropping more than 2k though, probably more like 20k, and this is significant, especially as interest rates rise.

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