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Please help critique my offer letter

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  • steampowered
    steampowered Posts: 6,176 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    jimbog said:
    As a seller, I would be annoyed with a buyer questioning my opinion on what my property is worth
    True, but as a seller I'd be even more annoyed if I thought the seller agreed the property was worth £x but was offering less to try and get a bargain. 
  • Im with a very brief email - not a phone call 
    Offer £500k 
    I personally would say the deposit 85% / 15% mortgage split. It makes you very low risk on the mortgage rather than someone going for a 90% mortgage as valuations and all that are far more relevant. 
    So what if they think they can push you more. Only pay what you want to pay no more 
    good luck - update us ! 

  • BikingBud
    BikingBud Posts: 2,530 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    jimbog said:
    Perhaps I am in the minority, but the letter looks perfectly fine to me - assuming you are sending an email rather than a letter !
    Ultimately the price and the fact you are chain free are all the seller will care about, but its perfectly reasonable to say you think the property is only worth £x based on looking at similar properties in the area.
    As a seller, I would be annoyed with a buyer questioning my opinion on what my property is worth
    Why is that annoying?  
    After all as people on here say it's only a business transaction and every offer in business is based upon someone's opinion. Live with it and move on.
  • -taff
    -taff Posts: 15,354 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dear EA
    This is my offer and I'm both proceedable with an AIP and chain free.
    Thanks.

    Non me fac calcitrare tuum culi
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 8 March 2020 at 7:11PM
    With two offers on the table you need to express a serious expression of intent very quickly. At least make an opening offer. The offer is non-binding. You can book another viewing as well. As possibly that you'll either be asked to bid up or make a full and final offer. 
    With the other interest, and possibly more to come. The finer points are irrevelant at the current time. Keep your cards close to your chest. 
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