Closing date in Scotland- before I put offer in

eeetee · 19 June 2017 at 6:54PM

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!

comeandgo · 19 June 2017 at 6:56PM

I agree with not presenting on a round number, but as to the other things,is your solicitor not guiding you?

sultanabran · 19 June 2017 at 7:41PM

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.

agrinnall · 19 June 2017 at 9:27PM

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).

Owain_Moneysaver · 19 June 2017 at 11:02PM

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.

rentmekid · 20 June 2017 at 9:40AM

HI OP,

Do you guys work in a office?

AdrianC · 20 June 2017 at 10:01AM

eeetee wrote: »

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.

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.

sheramber · 20 June 2017 at 10:16AM

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.

davidmcn · 20 June 2017 at 10:20AM

AdrianC wrote: »

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.

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.

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Closing date in Scotland- before I put offer in

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