Can I make an offer on a property that is SOLD STC?

[kashmiribelle]

It is currently still on the market so obviously the vendor is not completely happy with the offer they have currently received and thus are looking out for better offers.

I know some people might see this as gazumping, but honestly the vendor could back out any way and decide not to accept the offer...

Please don't get into the moral side of this, I'm not here for an argument on gazumping. Thanks. :)

[MissDuke]

I wouldn't be able to rest in case the vendor did the same to me. A bit like if a man cheats on you, once a cheater always a cheater?? I wouldn't do this personally. Though I personally think if it happened, the vendors would be the bad guys, not you.

[PigletWasPoohsFriend]

I doubt the OP will be back....

[RandomMess]

It could be that they don't have confidence in the buyer - they still need to sell their property, or are in a really long chain etc.?

[TurquoiseDress]

In theory yes you can make an offer.

But it would be a pretty shoddy estate agent.

When we started looking at buying last year, whenever we mentioned a property we liked (but was SSTC), the EAs were always very quick to say that it was already sold, no more viewings etc.

That was without trying to make an offer- which we wouldn't have done anyway.

If a seller is that flaky they are just hanging out for a higher offer, they are really not worth entering into a sales transaction with.

[MammyNeedsASpaDay]

Op it happens loads, unfortunately that's the way it is in this country.

If you really want it and the estate agents hinted that, make your offer!!!

[CountMagnus]

I don't think it can happen in Scotland though Regina can it? I believe in the Scottish system an accepted bid is considered legally binding.

Wrong. That applies in England and Wales, not Scotland, where an accepted offer is legally binding.

Both of the above statements are wrong - nothing is binding until the missives have been concluded and the bargain is made. Missives can take several weeks if it's not straightforward and you can be gazumped whilst the missives are being negotiated (although gets a bit dodgy for solicitors here).

And, in certain circumstances, the buyer can still gazunder as well.

[Honeyandfizz]

Yes can you imagine dealing with a buyer like this? I'd run a mile!

[bibbitybobbityyhat]

The story on this thread is slightly different to the story on op's thread posted last night.

I suspect the EA might have advised the vendor to avoid her at all costs too .

[FrenchLavender]

Right.

Well all I can say to that is I am truly surprised that you are even eligible for a mortgage.

[HotelEuphoria]

Anyone that calls someone a retard deserves no help at all, especially one with no morals at all. Not nice. I will take this as an April fools joke too.

[bibbitybobbityyhat]

I'm assuming this is a poor April Fool's joke posted by a goady fucker and advise everyone not to touch this one with a bargepole!

[Semaphorically]

You'll just become a PBP if you're not careful, OP.

[clairewilliams999]

Someone get a plaster for the BLEEDING GITS

[bibbitybobbityyhat]

Don't you dare delete this thread HQ! Sometimes a poster's record needs to stand!

[bibbitybobbityyhat]

Lol lol lololol at the feetie stamping and steam coming out of your ears when you've had nothing but sensible replies on this thread.

Who are you to call someone an idiot when you are posting like a twat?

[kashmiribelle]

Eminado - Gazumping isn't being rude mate, it's business. GET A LIFE.

[TittyGolightly]

No, in the uk unless the law changed in the last three years accepting an offer is not legally binding, not until the paperwork is signed.

Wrong. That applies in England and Wales, not Scotland, where an accepted offer is legally binding.

My friend however is suing a seller (London) who unbeknown to him was running a contract race with 2 buyers. That is not legal in England and Wales.

[Eminado]

Also, can I just say how blunt and rude some people are on here! Like jeez, people come on here to ask for advice, not to be judged and ridiculed. If you don't know how to answer a bloody question without being sarcastic and downright pathetic, then bugger off.

Says the person trying to gazump!

[kashmiribelle]

Funny how I stated I don't want to get into the moral side of things and some people are still commenting on only that part. To the idiot who said there are other forums, there are other questions answer and other users you can help. My question was a straightforward one in which I wanted an informative reply, not a judgemental one. Simply DON'T ANSWER if you're concerned with the moral side of things.

I in no way mean any offence to the lovely members helping me out here, thank you!

[kashmiribelle]

ilovewinterpansies It's only been a couple of days since the offer was accepted so I will ask if the survey etc. has been done and if it has I won't go ahead with my offer as I wouldn't want the same done to me. If no cost has gone towards the property then I wouldn't feel so bad putting in my offer. Thank you so much for your help.

[FrenchLavender]

I don't think it can happen in Scotland though Regina can it? I believe in the Scottish system an accepted bid is considered legally binding.

[Hamiltoes]

Not sure if its legal but aren't missives exchanged far far earlier in the process? So effectively you offer and then missives are exchanged pretty quickly, so if the seller accepted another offer after that you would be able to take them to court.

Thats the way I thought it worked anyway but no expert!

Much better system in Scotland I would say, also like that it's the sellers responsibly for survey before the house is marketed so you are not forking out for numberous surveys while searching for a property.