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Found 2 results

  1. Hi - I’d really appreciate some advice regarding a deal that’s coming to a conclusion soon. I had an offer accepted on the property back in June, when the market felt very very different. The process has been a long one! Since that time, sentiment seems to have changed significantly. Fortunately, I’ve secured a 2.78% 5 year fixed mortgage deal but I’m wondered whether I’m now paying too much and if I should try to get some money taken off the asking price? At the time, the price (£275k) seemed fair. There are nine properties that are identical, with the one of them being sold for £7k more 4 years ago. However that same house was put back on the market and couldn’t sell during the early stages of the pandemic and it’s now sold once more for £15k less than I’m paying. I feel in a bit of a dilemma having watched Rob Ds latest YouTube video with the Zoopla estimate that house prices will fall by 5% next year. The house is in a more expensive area which, from what Rob was saying, May get hit harder. I’d really appreciate any advice and, if you feel I should negotiate further, how to go about it. The vendors have been friendly and, with the use of an online estate agent, I’m having to contact them directly for everything. Many thanks Paul
  2. Hi My partner and I are just looking to buy our first home. We viewed a property near the forest of dean which needs updating. The kitchen and bathroom are gross and need total replacement. The flooring in all rooms also needs changing. I do believe the price of the property may reflect that. But how much would this (approximately) cost to ensure I do not offer too much for the house. Do I check prices for similar properties and minus the cost of fixing/updating or would I need to offer more? No checks have (yet) been done on the boiler/electrics so we'd need to check that too. Thanks
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