Off topic but I think it’s belittling when people say we’re throwing money away on rent. It’s not the ideal solution but I cannot afford to buy and we do get something to show for our money - a roof over our heads!
I initially thought that but I think it’s more to do with the process of offering under asking price, gauging people’s expectations and how it’s worked in practice. A lot of countries don’t have the same process so it’s alien to some.What an odd thread.
What possible bearing could someone buying in Scotland seven years ago (one of the examples here) have on your own ongoing purchase in the South East?
You can just watch a few episodes of Location, Location, Location and you'll soon get the gist of how to offer under the asking price. It's really not rocket science. My first house was on for £60,000. I offered £52,000. Bought it for £55,000. Bottom line is if you want the house enough, you'll pay whatever the seller wants.
Curiosity maybe?You can just watch a few episodes of Location, Location, Location and you'll soon get the gist of how to offer under the asking price. It's really not rocket science. My first house was on for £60,000. I offered £52,000. Bought it for £55,000. Bottom line is if you want the house enough, you'll pay whatever the seller wants.
And the system is completely different in Scotland - it's either fixed price (rare) or offers over - therefore adding nothing to this debate if it is about how to offer under the asking price.
So I still don't get the point of this thread
Well I am asking this because I am just curious, I didn't ask how and how much should I offer and totally get that every property is different.What an odd thread.
What possible bearing could someone buying in Scotland seven years ago (one of the examples here) have on your own ongoing purchase in the South East?
is pretty much an open thread
Not offended, I just think it's pointless if you take it in the context of the opening post. Why would what someone offered and paid for a house in Birmingham ten years ago have any bearing on your current purchase in the South East....? Means absolutely duck all.How can anyone get offended over someone asking a question on a thread?
I find it quite interesting seeing all the different prices lol.
Not necessarily....I’ve been lucky, first purchase in 1998 for a whopping 55k, sold it 3 years later for 127k and bought another property for 150k, sold it ten years later for 300k and then bought for 360k. House currently valued at 500k so I have a 500k house which in reality cost me 138kYou’re all so rich
(Hoping to buy in Glasgow as Edinburgh is extortionate in comparison).You’re right in terms of paying over - expect to pay well over asking for anywhere within a stone’s throw of Jordanhill. Knightswood is probably a little less overpriced, but Anniesland, Scotstoun etc is still just getting pricier as they gentrify it, and any further east and you’re starting to get into Studentville. Your best bet would be to see what has been sold recently and for how much over, and maybe speak to local property offices about any offers on properties you’re interested in.Can someone please enlighten me about property in the West Glasgow area
Hoping to buy in two years time (first time buyer) probably in Knightswood area or anywhere on one of the west train lines for easy access into the City for commuting. I assumed when it states online (offers over) it would be minimum a few thousand over this?
Is it best to look at property in the area you wish to buy and make note of how much it sells for in comparison to what it is advertised as online?
You can tell I’m a complete novice!!
Many thanks
Thank you so much for the response. I’m actually not familiar with some areas of Glasgow but have been looking at properties for a long time and roughly guesstimating what I would need to put down, how much I would be left with after mortgage, bills etc.
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