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AIBU?

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Original poster

To ask for a discount so early on (house purchase)

30 replies

Acheess · 03/09/2024 00:34

My offer was accepted 2 weeks, and nothing much has happened as i went on holiday.

This Property was on the market for £435k and my offer of £405k was accepted.

Today, a neighbouring property was posted on Rightmove, and while the internal layout is the same this new property is in much better condition: it looks cleaner and is fully redecorated; the property I'm buying looks tardy in comparison and will need some minor work.

This property has been listed at £425k, which makes me think it will sell close to what i offered (£405k).

I feel I'm overpaying and am tempted to ask for a discount, but, I think, it will be viewed as cheeky as the offer was made 2 weeks ago.

Am I being unreasonable? I don't want to lose out on both.

OP posts:
HelenaWaiting · 03/09/2024 01:13

Am I the only one wondering how a house can "look tardy"?

BooToYouHalloween · 03/09/2024 00:51

Presumably the condition was taken into account when they accepted your offer - 30k below asking is quite a discount. If I was the seller and you asked I’d be massively unimpressed.

FranceIsWhereItsAt · 03/09/2024 00:51

You could try making an offer on the new property OP, but if you're going to do that, then don't withdraw from the other property first, as they may not be as willing to be as flexible on price. You might even find that the neighbours have discussed the price they accepted from you, and so the new people might think, well if they got £405k for theirs, then as ours is in better condition, we won't accept less than £410, or even as much as full asking price, you never know people's situations. There is also a good chance that if you ask for a reduction at this stage, the Vendors will think you're a game player, and will withdraw from selling to you. House buying is hard enough, so if you're not happy with the price you offered and that has been agreed, then withdraw, but be prepared, Vendors also play games, so don't be surprised if it comes back to bite you on the butt.

Biggaybear · 03/09/2024 00:49

Eze · 03/09/2024 00:40

Your offer was accepted £30k below the asking price.

If you want the other one, then withdraw from the one you’ve offered on and put a offer in for the new one. Not sure why you want a further discount when nothing has changed in 2 weeks.

This.

If you're so confident the 2nd property will sell for £405k then put an offer in.

Eze · 03/09/2024 00:40

Your offer was accepted £30k below the asking price.

If you want the other one, then withdraw from the one you’ve offered on and put a offer in for the new one. Not sure why you want a further discount when nothing has changed in 2 weeks.