another what would you offer thread

[Jampot]

a 3 bed semi in the location i want was on the market 2 years ago at 265k. I know its an elderly couple who live there. They have "sold" it a couple of times but each time the sale falls through and the house is removed from the market - I assume they change their mind. Its back on the market for 265k and looking at the particulars it needs some updating. What should we offer. we are in rented but would prefer to own my home

I think that they have priced it at that expecting to accept just under 250k, ie with the stamp duty increase in mind. I think that in this market you should offer no more than 240k.

I'd put in a cheeky offer of £245k

the worst that can happen is that they say no. in whihc case you can increase your offer.

I would say offer £225K. As ben on for
a while etc.