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
Closing date in Scotland- before I put offer in
eeetee
Posts: 126 Forumite
Hi, been given the closing date of a property I am interested in, as this Friday. A couple of questions before I do so, as a First Time Buyer this is new to me..
A work colleague advised not to submit round number as my offer, is it worth doing this. Price I have is £105k, he suggested something like 105235.
For the date of entry, as I am currently renting I am flexible, can this be included with the offer, or do they always need a specific date? In flexible I mean I don't mind staying longer in my rented accom if seller needs to wait (just need to give 1 month notice to landlord but I'm fine if they cross over)
Would it be to my advantage at all not to request any movable items to be included, in reality I would replace the basics myself . I was advised to submit as 'clean' offer as possible which I assumed related to this.
I guess I am just trying to play the game to stand as good a chance of securing the property, so any advice at this point welcome!
A work colleague advised not to submit round number as my offer, is it worth doing this. Price I have is £105k, he suggested something like 105235.
For the date of entry, as I am currently renting I am flexible, can this be included with the offer, or do they always need a specific date? In flexible I mean I don't mind staying longer in my rented accom if seller needs to wait (just need to give 1 month notice to landlord but I'm fine if they cross over)
Would it be to my advantage at all not to request any movable items to be included, in reality I would replace the basics myself . I was advised to submit as 'clean' offer as possible which I assumed related to this.
I guess I am just trying to play the game to stand as good a chance of securing the property, so any advice at this point welcome!
0
Comments
-
I agree with not presenting on a round number, but as to the other things,is your solicitor not guiding you?0
-
You need to sell yourself to the seller in a sense. First time buyer, flexible on move in date, etc Just state anything about your position that puts you in a good light.0
-
Agree with comeandgo that you should be guided by your solicitor, who should know the local market far better than you ever could (my own solicitor always advised me to make a non-round number offer).0
-
You need to include a date of entry so that the vendor can make a conditional acceptance but you can make it clear through your solicitor that it's negotiatable.
Some sellers will want to include moveables as they may be getting new where they're going and don't want the hassle of clearing out the old. Apart from old (CRT) tellies almost everthing can be got rid of on Gumtree if they leave stuff you won't want. Be guided by the property particulars.A kind word lasts a minute, a skelped erse is sair for a day.0 -
HI OP,
Do you guys work in a office?0 -
Sounds like they're getting confused with online auctions, where price is the only buying factor that matters. No vendor is going to base their acceptance of an offer on a couple of hundred quid difference - other factors will be looked at.A work colleague advised not to submit round number as my offer, is it worth doing this. Price I have is £105k, he suggested something like 105235.0 -
If it is going to a closing date that indicates there is a lot of interest in the property.
We have always been advised to make a non round number offer as most people use even amounts. Sellers usually go for the highest offer unless there are specific circumstances required. We discuss any preferred entry date when we view.
Entry date can be given as " xxx or to be mutually agreed." but your solicitor should advise you.
If moveable items were not included in the sales particulars then I would not ask for them. If the seller wanted to leave them they would have been included in the schedule information.0 -
No, it is fairly routine advice for closing dates. Obviously there may be other factors, but if those appear roughly equal then the higher price is likely to be successful.Sounds like they're getting confused with online auctions, where price is the only buying factor that matters. No vendor is going to base their acceptance of an offer on a couple of hundred quid difference - other factors will be looked at.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards