Hi
This morning we made an offer on a property we really like (FYI this is in England). This was forwarded to the vendor and subsequently rejected (and we received an email confirming this) and we were told another higher offer had been made by another couple and also rejected. Later in the day we made a revised offer just short of the asking price. This was not forwarded to the vendor (I assume) because the other buyers had, by then, offered full asking price and the vendor was considering their offer. We then made one final offer of a few K over the asking price. We did not receive email confirmation to say it had been forwarded to the vendor, but instead had a call at 5pm asking us to make a "best and final" offer by 10am tomorrow so that the vendor can avoid a bidding war. Now, am I right in thinking there was no indication of a bidding war at that point, because the other buyers hadn't even been asked if they wanted to up their offer? It seems unfair that their offer was being considered but our higher offer wasn't, and the vendor now wants us both to make an even higher offer by 10am tomorrow. AIBU to think this is just a ploy to guarantee more money? Why would they care if there was a bidding war? I'm very confused by this as I have never heard of "best and final offers" being made other than in Scotland.