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!

What’s the lowest offer you’ve made that’s been accepted?

124»

Comments

  • lincroft1710
    lincroft1710 Posts: 18,966 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Lowest I ever offered on a house and was accepted was £8,250.
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • ThePants999
    ThePants999 Posts: 1,748 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    John-K wrote: »
    As if you have any idea on what houses are worth...

    Seriously, you have got it wrong for about a decade now, how have you the effrontery to pretend you have a sensible opinion on house prices?
    To be fair to Crashy, if the vendors accepted a £1M offer then even THEY clearly didn't think it was worth £1.6M :)
  • BettiePage
    BettiePage Posts: 4,627 Forumite
    A dated (as in 90's) semi-detached that has been on at £240k since February this year in a usually fast moving village. Would you make an offer of £225k as FTBs? Or is that too cheeky do you think, would it put their backs up from the outset?
    Illegitimi non carborundum.
  • pinkshoes
    pinkshoes Posts: 20,580 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Surely this should be how much did you pay below what a property was WORTH? (Not what was being asked).

    I paid 425 for a house with an asking price of 500, but I would it was worth 450 based on similar sales.
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
  • ScorpiondeRooftrouser
    ScorpiondeRooftrouser Posts: 2,851 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    pinkshoes wrote: »
    Surely this should be how much did you pay below what a property was WORTH? (Not what was being asked).

    I paid 425 for a house with an asking price of 500, but I would it was worth 450 based on similar sales.

    Well £25 was a lot of money in 1940.
  • davilown
    davilown Posts: 2,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    £375,000 on a £440,000 probate - only way we could afford it
    30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.
  • ozgi
    ozgi Posts: 13 Forumite
    Part of the Furniture Combo Breaker
    We got 16% under asking price on a place in London about 7 years ago. Market was on the up at the time but we got a top, top survey done and there were some question marks over the quality of the roof. Vendor didn't have time to haggle or find another buyer so he took it!

    I think it comes down to your bargaining position - is there a good reason to bid below asking price? And the vendors desperation to sell vs how many other interested (also possibly desperate / stupid) parties there are....
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    John-K wrote: »
    As if you have any idea on what houses are worth...

    Seriously, you have got it wrong for about a decade now, how have you the effrontery to pretend you have a sensible opinion on house prices?


    So you think the house he got for 1 million was worth 1.6?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture