A
Anon Private
Member
Hello,
I need some advice regarding making an offer on a flat.
The flat was on sale for £225,000, but was later reduced to £215,000.
I made on offer of £198,750, which was rejected. The estate agent has indicated that an offer close to £205,000 might secure the flat.
I don't want to be seen as a time waster, because I like the flat. Should I simply offer £205,000, or make a lower offer. If the latter, how much higher than my offer would be seen reasonable, and not make me look like a time waster.
The lease will have included, at the time of sale, a ground rent buyout ensuring that the doubling of ground rent every ten years is replaced by an increase in line with inflation (highly adventageous). The flat was sold previously for £225,000, but the buyer withdrew because of the ground rent doubling every ten-years. I have been assured that this clause will be replaced.
There appeaers to be no one else interested (at present).
Let me know what you think
Regards
Ps UK resident
I need some advice regarding making an offer on a flat.
The flat was on sale for £225,000, but was later reduced to £215,000.
I made on offer of £198,750, which was rejected. The estate agent has indicated that an offer close to £205,000 might secure the flat.
I don't want to be seen as a time waster, because I like the flat. Should I simply offer £205,000, or make a lower offer. If the latter, how much higher than my offer would be seen reasonable, and not make me look like a time waster.
The lease will have included, at the time of sale, a ground rent buyout ensuring that the doubling of ground rent every ten years is replaced by an increase in line with inflation (highly adventageous). The flat was sold previously for £225,000, but the buyer withdrew because of the ground rent doubling every ten-years. I have been assured that this clause will be replaced.
There appeaers to be no one else interested (at present).
Let me know what you think
Regards
Ps UK resident