After marketing our property for a while we finally have two offers in the space of a few days.
Our situation- we had previously had an offer on a house which fell through and are actively looking without much luck. Our new house would be purchased with inheritance so no mortgage needed but would like a project so know we may have to go in to rented at some point.
Offer A- At asking price. They have a entry level property to sell and have put it on the market within two days of offering on ours. It is well priced and agent says they love our house. They also may be in a position to proceed to buy our house based on savings but will find out later this week.
Offer B- 10k below asking but has upped it to just 5k below and says this is a far as he will go. Mortgage in principle in place and chain free.
EA says go with option two although maybe he wants a quick sale? My priority is getting the house sold so I want to go with the person who will make that happen, the 5k difference doesn't bother us.
DH's priority is having something in place before selling, he does not want to spend ages renting and going through the bother of moving multiple times and living in cramped quarters (we have 1 dd). The rental market being what it is in London we could never afford to rent anything like the house we live in.
Offer A is likely to take some time to complete as it is a chain. DH wants to go with this offer as he thinks that it means we have more time to work out what's going to happen and less pressure on us. I want to go to the chain free person as I just want the sale to go through, but am worried the buyer has less to lose IYSWIM and lots of sales are falling through in London at the moment.
Any thoughts would be greatly appreciated.