Once you have decided on a house/ flat now is the time to make an offer. Using the questions above you can ascertain how desperate the seller is to sell - of the house has been on the market for a long time, they may be more likely to accept a lower offer.
There is no set rule as to what to offer but have a look at similar houses in the area and see how much they are being sold for. Also work out what you realistically would be prepared to go to if they decline your first offer.
Don't forget if you are a first time buyer you have a big negotiation tool as it is likely that your sale will go through much more smoothly and quickly. It is always worth
reminding the vendor of this when you make the offer. It is also worth mentioning if you have a good deposit (don't say how much) as this means that the mortgage company is more
likely to lend to you and the sale will go through quickly.
Check out our online mortgage comparison tool for the best rates and deals available for mortgages
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