To offer significantly less than asking price

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It it completely unacceptable to offer 30,000 less than the advertised price on a house?

Found a house i love in an area I love only issue is that it's owned by an elderly couple and so therefor is extremely dated, whilst it's well kept and presented lovely, recently fitted kitchen etc it's just so dated that for us (or any family I would imagine) it would all need redoing regardless. The owners are so proud of their house that I didn't want to insult them with a low offer. Just had a call from the estate agents and they asked for feedback.. i said as above.. the agent said there have been no offers as everyone says the same.

It's been on the market 6 weeks and I find it hard to believe there have been no offers. Is 30,000 under too much?

Do it

Do it, they can always say no and surely elderly people should have the life experience to realise this is normal when it comes to buying and selling a house.

I don't know how you've come up with the figure of £270,000. Is that your maximum budget? If so you'll have to wait to re-do the kitchen and bathroom etc anyway.

Are there similar houses in the area sold recently or up for sale? If that's a reasonable price then ask away, but if it's low in comparison to similar properties it may be too low - saying that don't ask you'll never know

What's the most you'd pay for that house? If you'd walk away at say 280k then offer 270 and work upwards - just give good reasons for your drop tonthe estate agent so the vendor realises their house isn't perfect

Just offer it now OP! If not many homes meet your criteria then are you prepared to lose one which does, and has the potential to be fitted out to your own specification??

I think this could be one of those situations you'll end up regretting not just going for it

Of course its not cheeky, you can offer what you like! When we bought we initially offered 12% under, and the estate agent told us it wouldn't be considered, but 10% would get us in the ballpark. Ten per cent under was rejected and we negotiated to agree on 7.5% under. I would have thought that was fairly standard practise? Anyone getting insulted by an offer of that magnitude isn't someone you want to deal with anyway.