I was just after a bit of advise... I am a cash buyer with a lump sum of £150,000. I also am a first time buyer so no chain. There is a flat I am interested in, on the market for £169,950. Having looked at a few other properties, it doesn't seem massively over priced compared to others. It had sold for under offer, however that fell through. Before that it was on the market for about a month before selling. Would I be laughed out of the office if I made an offer of £150,000? Is it too insulting? Or in other words, does being a no chain, cash buyer, add value to make up for the low offer?