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House Price Crash Forum

Council Selling But Not After Best Price


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HOLA441

http://www.unitypartnership.com/property_services.htm

Land / Properties For Sale

3 Columbia Street, OL8 1LN

5 Broadway Street, OL8 1LP

27 Broadway Street, OL8 1LP

40 Stanley Road, OL9 7EX

82 Broadbent Road, OL1 4HY

Any intending purchaser(s) must satisfy

themselves by inspection or otherwise as to the

accuracy of these details. All property is offered

subject to contract prior to sale or withdrawal.

The Council is not bound to accept the highest

or any offer made in respect of the said

property.

Please download a purchase application

form from the website;

www.unitypartnership.com/property

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HOLA442

http://www.unitypartnership.com/property_services.htm

Land / Properties For Sale

3 Columbia Street, OL8 1LN

5 Broadway Street, OL8 1LP

27 Broadway Street, OL8 1LP

40 Stanley Road, OL9 7EX

82 Broadbent Road, OL1 4HY

Any intending purchaser(s) must satisfy

themselves by inspection or otherwise as to the

accuracy of these details. All property is offered

subject to contract prior to sale or withdrawal.

The Council is not bound to accept the highest

or any offer made in respect of the said

property.

Please download a purchase application

form from the website;

www.unitypartnership.com/property

Well, they've got to cover themselves for when they sell at a discount to council-employee BTLers who know to a T the nice fat yield they'll get from HB tenants.

Or to employees' mates/relatives.

Got to keep all that lovely taxpayer money in the family...

Edited by Mrs Bear
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HOLA443

The details are not very up to date, are they? :lol: For at least two of the OL8 houses the disposal terms state:

Offeres are invited for the Council's freehold interest. They are to be returned in the envelope provided by 12 Noon on Monday 15th November 2010

Hang on...given that the 15th of November 2011 falls on a Tuesday, isn't the whole web page out of date? :unsure:

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HOLA444

Standard Covering clause in these types of sales-for example someone might bid less but unconditionally and on balance it may be a better offer.

Its similar to not having to accept the lowest tender price(as price alone may not be the only determinant).

Having said that,the average council couldn't negotiate a good sale or purchase price on anything-they're too busy making sure the boxes are ticked so they don't contravene"policy".

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