Q:hello me and my mrs are trying to buy a 50% shared ownership flat which the HA have valued at 130000 (65000 for 50%) we have our mortgage offer and had come to an arrangement regarding lowering the total price by 3grand (63500 for 50% now) and 5% deposit paid the problem is we had our valuation done and it was valued at 110000 (55000 for 50%) so what happens now will the HA sell to us for that new price or do we have to walk away as we cant afford to pay the gap between there asking price and
Q:I will try and keep it a short story!! Me and ex split up beginning of the new year and put the house up for sale for ￡79950 (50% shared ownership) and we had an offer of the asking price in March. Since then the paperwork of everything has taken its time and the buyers building society only sent out the surveyor last week – unfortunaltey he has valued it at ￡63000. I am gutted – the money we would have made on the house would have paid off the bills and left me with a bit left over to star
Q:DH and i are first time buyers (i have owned my own homes in the past but sold up 3 years ago and rented for a while).
We are interested in a new build with asking price of ￡126995. We have a 10% cash deposit and mortgage offer in principal. We have even spoken to Haslams financial advisor(who we wont be using) and they confirmed to Haslam that we are good for the money, so to speak. When we first showed interest but said we were looking for a 15% discount as we are in an ideal pos
Q:This is my first post, so please forgive the slight ramblyness of my question!
My husband and I are in the lucky position of having sold our flat back in February and have been renting for the past few months on a short term contract while we look. We are using the money we made on the sale as the deposit.
We found the perfect house back in May and had our offer accepted for 15k below the asking price. We offered subject to survey, as it was obvious that work would need
Q:Hello,
I'm after a quick bit of advice, or rather just a few different opinions from people here I suppose.
Here is my question:
Which do you think would be more attractive to prospective buyers: To drop the asking price by 10% or to keep the asking price the same but offer to pay the buyers 10% deposit. Is this even possible / legal etc. Are there any other complications?
Here is the background to my question:
I have had m
Q:I saw a house I like a few weeks ago and made an offer of 10% which was refused and I did not want to negotiate. The same house is now being marketed 10% below the asking price. The EA phoned to see whether I am still interested but said there will be no negotiation as the house has already been greatly reduced. I am interested but am not prepared to pay the asking price due to the falling market. When I made the 10% off market value, my husband thought I was too hasty and I should have s
Q:A flat near my place has been for sale for 3 months with no offers (its a repossession).
Its in good condition.
I would look at it to rent out to someone.
Its just been reduced to ￡96995.
I have viewed today and feel its worth the new asking price, but I will not pay that price.
Should I offer ￡86000 to try my luck?
Does anyone have any advice when buying repo property?
Many Thanks
Q:We have agreed the sale price of our house with a buyer who has already knocked us down ￡17,000 from the asking price of ￡130.000. We are buying a new build Bloor home and they agreed to knock their price down to match the reduced offer on our house. The surveys have been done on both our house and the new build and we are now waiting for the next stage.
The possible issue: The buyer is buying our property to let and has been known in the past by our EA to drop the purchase price at the
Q:I've seen a flat that I have offered on, however the remaining lease is only 71 years. To renew the lease will cost c. 12-18k. Who should pay – my offer is 10% below asking price plus renewal of lease. I put this offer in 4 four weeks ago. This week the price was reduced and the EA has just come back to see if a deal can be agreed to include a fixed price for the lease which I should pay. Views welcomed, please.
Q:Sorry if this has been asked before,
This is the first property I have bought and am obviously a little nervous
I have put in an offer for a house (Semi) for 168k, which was accepted, 10k below asking price as we really like the property so did not want to hang around.
The vendor and estate agent mentioned nothing of underpinning, etc when asked.
The valuation report comes back fine. A few days later I received documentation from the solicitor regards the hous