We have 2 offers on our house. One asking price, one 5K below asking price. Both first time buyers so no chain.
Below asking price guy (BAPG) has a mortgage agreed and has been using our Estate Agents mortgage advisor so they are involved in the whole process and can oversee everything. Asking price guy (APG) has gone elsewhere for his mortgage, it's been agreed but EA keep trying to put me off his offer saying it's unreliable and that BAPG is the best option. I'm trying to understand what the issue is with APG's mortgage but they can't give me many details because of privacy. It's making it really hard to make a decision.
We haven't found a house of our own. On one hand, it could be months, in which case we can reject BAPG and hope that we get more offers. On the other hand, a house could be listed tomorrow that we love in which case having a buyer secured would put us in the best position. So I really don't know what to do. 5K may not seem like a lot to some people but it would make a difference for us.