We have just viewed a fab house today that we would seriously like to make an offer on. It's on at 575K and has been on the market for exactly one month. Apparently, they've had tons of viewings but only one offer which was under serious negotiation but then went nowhere. The owners want to downsize to a newbuild and are under pressure to exchange pronto from the developer (as always). We are in rented already so will have no chain. Now, considering how much interest they have had - even though it hasn't seemed to translate into any acceptable proceedable offers, would you accept £499K from a no chain buyer? Secondly, could I tempt them with a slightly lower initial offer than that as a cash buyer? It's not in London and no real comparables since each house on that road is totally different. The most recent sale further down the road was in Dec 2010 for £490K but we can't tell whether that house is a comparable or not. Sorry, I'm not posting any links cos we really like the house!
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