Gazumping or not?
in House Buying, Renting & Selling
9 replies 685 views
We’ve just been to view a house we really like today, which has already had an offer of £180k (not been accepted as it’s too low) the EA told us the buyers can’t go any higher on their offer either. We viewed and loved it and said beforehand when we discussed we’d offer £185k for it (£5k under asking price) which is obviously higher than the other offer. Would we be gazumping??? The vendors haven’t accepted the lower offer and have said to them if they can go to £185k they will accept but they cannot do this because they don’t have the funds to go any higher than their current offer. I don’t want to gazump anyone but since the offer isn’t accepted where would that (morally) leave us? Should we offer? Or just leave it and find somewhere else?
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