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» Process in England, Wales & NI » Process in Scotland

Once you have found a suitable property that you wish to buy, you need to make an offer.

How much you offer is up to you and may depend on how busy the market is. In a slow market you may be able to get away with a low offer, whereas if the housing market is booming you may need to be a bit closer to the asking price.

It is definitely worth trying to negotiate a lower price on the property. Remember, most sellers expect this to happen and build this in to the original asking price, so do not be afraid to make an offer. Be realistic with your offer.

Remember not to offer more than you can really afford!

Your offer is not set in stone so you can always negotiate later on if you find there is work that needs doing to the property.

As a first time buyer you have a strong negotiating position and you should make this clear to the seller. That's why our developers on UKFirstTimeBuyer.com are able to offer you such great prices!

GAZUMPING

Gazumping is illegal in Scotland, but in England and Wales it is a common occurrence, particularly when the housing market is buoyant.

Tips to avoid disappointment:

» Don't get too excited when your offer is accepted. Things can still go wrong before the house is definitely yours
» If you are gazumped, don't be tempted to go back with a much higher offer. Not only do you risk offering too much for the property, but are you really prepared to trust the sellers again?

Step 3
» Appointing a solicitor