Was yesterday looking at rightmove and saw a nice property it is located in ayrshire scotland, it looks like a repossession, however is not yet at auction stage, appears local estate agent (goodfellow) are being used by the bank to get a sale, the property is for sale at offers over £129,00, obviously i would like to offer less, any advice?, currently have deposit of £30k myself and wife in decent 'safe' jobs, how much could i offer under if any? was thinking of asking to view this week, would the estate agent be honest on how much bank would ask for, and b- in scotland can you verbally pass on an offer to the estate agent to the bank?
These are the main documents of title, and contain a description of the property, its tenure, the name and address of the owners, purchase price, details of mortgages and other charges, covenants etc and a large scale title plan. (Cost approx £30.)
I wouldn't inform the estate agent of the size of your deposit. If the bank were to auction this property it would go to auction at 30 per cent less than the market value130,000.
Before submitting an offer also check out what previous size houses in same postcode have sold for in the previous 3 months.
Be bold and do offer below the market value , don't discuss too much with the agent, if they know you can go higher then you'll end up paying higher.
Advice Required Thanks!
in Scotland
Posted
Hi Hugh,
Check out the Land Registry, here's the link,
http://www.uklrs.co.uk/land-registry/scotland.asp
These are the main documents of title, and contain a description of the property, its tenure, the name and address of the owners, purchase price, details of mortgages and other charges, covenants etc and a large scale title plan. (Cost approx £30.)
I wouldn't inform the estate agent of the size of your deposit. If the bank were to auction this property it would go to auction at 30 per cent less than the market value130,000.
Before submitting an offer also check out what previous size houses in same postcode have sold for in the previous 3 months.
Be bold and do offer below the market value , don't discuss too much with the agent, if they know you can go higher then you'll end up paying higher.
Any more questions please feel free to ask,
x