Advice on making an offer

hazyjo

You know nothing about this other couple - just because you love it, they might not. They also might not even be procedable.

If you offer over asking, the vendors will think they've underpriced it. I'd go in £2-3k under asking price to get it off the market, and see if the others offer too. You could always nudge just over asking price. I think your concerns about a surveyor down-valuing it if you offer £240k are entirely valid. I would fully expect them to value at £230k or under. I wouldn't offer over that if you don't have the dosh to make up any difference.

I'd ring, not email.

Good luck.

Linton

If you really want the house and can afford it go straight in with £240K and tell the EA that is your limit.  Say you want a quick answer. Then if you lose, you could not have afforded it anyway, and if you win and perhaps you are say £5K above what you could have bought it for.  So what? In 10 years time a £5K difference will be irrelevent to your future well being and there is a fair chance you wont even remember exactly what you paid.

BMTH

Thanks for the advice all, offer has been accepted at 240k!

Martico

Good news, hopefully the sale will go smoothly

mi-key

BMTH said:

Thanks for the advice all, offer has been accepted at 240k!

Great news, hope it all goes well and you are happy there for many years to come 

youth_leader

So glad for you, hope survey goes well. 

I remember having a dream waiting to hear if my offer had been accepted, in the dream I'd offered a ridiculous amount over asking just to 'get it'.  When I woke up I realised it was just anxiety, I didn't have that much!