Report Rateable Values As A Guide To Fair Value in Northern Ireland Posted January 6, 2011 It is a builder, as the house(s) still being built at the minute, at the stage of putting the tiles on the roof today. I have been speaking to the builder previously, and he doesnt seem at all in any hurry to sell. He still has some of the 4bed houses in same development and hasnt dropped the price even. When i was speaking to him before he said itd be about 160k. Now that it seems any viewers are all interested in the same house, he has put the price up on that one to 165. I would be happy to come back and offer around 155 (which is about the max im willing to go, very big maybe of 160 but i would rather wait it out a month or so than do that.) what could well happen in the meantime is though that someone else will come in and pay the £1k deposit to secure site. If you do that though you know the builder will hold out for his full 165, and i aint doing that! Just sit tight, I'm sure the EA will be on the phone to you the minute someone puts in a higher offer, at that point you can decide what your max bid will be. It really depends on how much you want the place. You'll probably find the majority of the viewers are thinking the same as you - that the place is still overpriced - otherwise it would have been snapped up by now. Surely placing the £1k deposit will tie you up to purchasing the property at £165k, if you don't want to lose the retainer?