Properties Marketed With a Fixed Price

[Evenstar]

After my purchase falling through yesterday I am viewing a property tomorrow which is being marketed at a fixed price. Has anyone had any experience of this and does it mean what it says? Thanks in advance.

Nationwide had house prices falling for two months running now...

though it depends on your individual cirumstances whether it could pay to wait.

I loved the house and am going to speak to the estate agent first thing in the morning, I will definitely explore the possibility of making a lower initial offer, but it seems practically perfect for us and I am willing to go up to the fixed price if need be, I actually don't feel that it is vastly overpriced. The vendors have a house each and are happy to move out to tie up with me on completion dates etc. My buyer was distraught today on learning that I had to pull out of my purchase, as they have already exchanged on their sale and she is very pregnant, if I can close a deal on this it can only be good news all round. Thanks for all your advice.

Hooray, hope it works out.

I got it

I ended up having to offer the fixed price, but found it was on at £25,000 more than that until Monday of this week, so I don't think it is a bad deal. I am so pleased and hopeful this will go through now, thanks for all the advice and good wishes.

Yay! Well done. Hope you'll be very happy there.

Here in Scotland, we're delighted to pay a fixed price. The alternative is "offers over", and in the past, when the market was more buoyant, I've offered 25% over the asking price, and it's till not been enough to secure the house at a closing date.

There are more and more fixed prices on the market here now.