Which offer should we accept?

[User543211]

Hi all,
We're in the fortunate position of receiving 2 offers of asking price this morning. Property has been on the market for a month. We have to decide which to choose.

Buyer 1: A young couple, currently renting in London (4 hours from here) but one half of the couple is from this area and we vaguely know them/their family. Buying with a mortgage and have a mortgage in principle.

Buyer 2: A local middle aged couple, again we sort of know them. They have sold to cash buyers who are buying with inheritance. They would be buying ours without a mortgage. The people buying theirs have had financial approvals and the estate agent told me it's now 'with solicitors'.

Both say it's their max offer and won't go any higher.

I was leaning towards the renters but was just reading that the mortgage aspect might increase the chances of it falling through compared to a short chain. What do you think?

I wonder which the Op chose.

Came to say the same

They dont spund likeike actual cash buyers

Theyll have cash when their house completes.

Renterd spund like the family have ££££

Id go with them.

Hi all,
Thanks for all of your comments. The probate thing (although they said was complete) put me off slightly so we went with the renters.
Hopefully a smooth process from here! The people we are buying from need to find somewhere first though. They've had their sale fall through once already so I think they'd be open to renting if it means the sale completing.

Buyer 2 dont have funds til july or ater. And it might go wrong. They are in a chain.
So buyer a is ready to go