What to offer for a property?

Look at what's sold nearby and when.

We make it easy to search all property sold since 1995, as well as find out what it is worth today.

Make sure you have your finances in order

When you put your offer in, you need the estate agent (and the vendor) to take you seriously.

If they don't think you can afford the price, they will simply ignore your offer. Whilst this may sound brutal, an offer that collapses at a late stage is not good for anyone. Because of this, estate agents try to guess how likely a sale is to proceed and will recommend not accepting it if they doubt the buyer's finances.

Make sure you've worked out what deposit you can afford and have spoken to a mortgage advisor to ensure you can actually complete the deal.

We've teamed up with Mojo Mortgages to give you access to a FREE mortgage broker - you can get a decision in principle quickly and easily (all online).

Free Decision in PrincipleMortgage FAQ's

If you've got a house to sell as well, make sure you've got your home on the market.

Some vendors won't accept offers from buyers who aren't in a 'proceedable' position. This means that unless you have already received an offer for your property, they won't accept your offer regardless of the price.

Creating a valuation report

We don't believe that solely relying on an automated valuation model is the best way to value a property.

We offer a variety of valuation tools to ensure you get the most accurate property valuation.

Find similar properties and then compare them to to the property you're interested in - you can adjust the valuation to account for slightly better condition or a smaller garden etc..

Free Valuation Report

Offering just below asking price

To start with, don't assume that the asking price is set at a sensible level.

Estate agents are under pressure from homeowners to value their property for as much money as possible to win the instruction (to act as the estate agent selling the property).

After all, a homeowner wants to get the highest possible price, so they are likely to choose the estate agent who says they can sell it for the most money.

This leads to properties going on the market overvalued.

Use The Move Market to see what other properties have sold for and what we predict they are worth today.

Don't rush in

Frequently, properties go on the market for more than they are worth.

About 30% of homeowners end up changing agent as the first agent fails to sell it for the price they promised the vendor.

If the property looks expensive relative to other properties on the market now or that have been over the past year, it maybe wise to hang on and wait for the homeowner to become more realistic about the real market value of their property before upping your offer.