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What would you offer on this?

8 replies

saggyhairyarse · 22/08/2008 20:57

OP posts:
noddyholder · 22/08/2008 21:49


WideWebWitch · 22/08/2008 21:53

I'd start by taking off 30%, so that's £165k and I'd gradually go up from there. The banks are asking for 30-40% deposits from ftbs, which gives us all a fantastic indication that they think the market's overvalued by that, eg if they need to get their money back they want to know they can.

WideWebWitch · 22/08/2008 21:54

But I am terrible and take about 30-40% off every price I see. The fact is the market is stagnant so if you're in a good position to proceed then I'd go in v low to start with.

saggyhairyarse · 22/08/2008 22:11

Thanks for the insight. It is my house and we were offered £200K today. I am not sure what to do! When we put the house on the market school/nursery runs meant we 'needed' to move but now we don't so much and could stick it out for another 4 years til DS starts Secondary School.

That said, I have seen this:

Which ticks most of the boxes we have (bigger plot, extra reception, open plan kitchen/diner etc). So assumming they are negotiable it might all be coming together.

Or not, we will see. Deffo can't afford the massive flat with no garden now though!

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Jampot · 23/08/2008 00:14

oh they are both lovely

oldnewmummy · 23/08/2008 06:41

I'd be tempted to keep your existing house and convert your garage - you'd get a nice big room out of that and still have room for storage. Would prob cost the same as your moving costs.

WideWebWitch · 23/08/2008 08:17

Take it if you've got an offer, it's a good offer. And then offer correspondingly lower on the Portishead one, so take 30% off and go up gradually from there.

saggyhairyarse · 23/08/2008 08:21

ONM, that was the plan when we first moved here and/or loft conversion but our DS did not get on well at local school so he is at a school 7 miles away. So we do want to move so that the children will go to Secondary school with their friends and that otehr house is walking distance to school.

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