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Exiled Canadian

Response To The "budget" Question

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We've got to move for work reasons and so have are having a look at the housing market (we might go into rented but I hate moving).

Anyway we've identified the areas that we like and would be very happy with either a 3 or 4 bedroom property in the area, we're also very lucky to effectively be "cash buyers".

When the EA asks what our budget is I don't want to give a number, I'm comfortable that we can afford some of the nicer 4 beds in the area, but would also be really happy with a three bed that needed work (preferred option probably) - hence our "range" is quite wide. I don't want to give a budget to the EA as they will inevitably either try to pitch us toward the top of it or see us as someone who can be "worked up" at the lower end of our range.

My current answer is that I'd "Rather not say" what my budget is at this stage but will be happy to present evidence of sufficient funding should I make an offer.

Any ideas as to a better answer? Also any views as to EA's reaction to reticence to reveal a budget.

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