We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
How to navigate selling your house in this market
Comments
-
@Help1234 If they have the Mortgage in Principal it should be fine.
I'm sorry I can't remember names but there was a thread where the vendor told their buyer (MSE Poster) that they were a cash buyer, but was actually a BTL landlord and then had trouble getting a mortgage.0 -
Ideally you want people without a chain and an MIP.
It does sound like you have several categories so you will need to make choice.
No one is going to get an actual mortgage offer without having an accepted offer and providing the bank with an actual address for the property they're buying
0 -
Mortgage in principle means absolutely and utterly nothing. You can get one in five minutes and download your certificate (legitimately).
Some financially sensible people will get a mortgage in principle properly / through a broker, so that they know what they can afford. Others will not.3 -
@lookstraightahead Then how am I supposed to choose between people in all very similar situations? We have 11 people viewing who are not in a chain (of course we may get none of them submitting offers but I would still like to know)0
-
11 viewings doesn't mean much. If you get 1 offer out of that you're doing well. Wait and see what happens first1
-
I'd be cautious of a party who haven't eveb viewed the property.4
-
@Thrugelmir Yes we haven't accepted yet, we have 20 viewings between now and Saturday and will then see where the land lies over the weekend.0
-
That is the advantage of a traditional EA they will do the legwork, ask for the buyers paperwork and vet it.A good EA will know how solid the proof of funds are. You can ask for PoF but I suspect you will struggle with how strong it isHelp1234 said:@lookstraightahead Then how am I supposed to choose between people in all very similar situations? We have 11 people viewing who are not in a chain (of course we may get none of them submitting offers but I would still like to know)0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards