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@Hefty
^ I'm not cynical or owt, but if he'd really had the asking price from someone else wouldn't he be suggesting you go higher, not the same? And to suggest he'll defo give it to you if you match it doesn't make sense either, what if the other party increases?
I wager £1 there is no other party. Or there is, but at less than the asking price.
Ring him up personally and tell him a sob story that you're really trying to get the money together but are struggling and would he consider a slightly lower offer seeing as how he liked you so much. Don't say you definitely can't find the money but intimate it.
His reaction will reveal all. He'll either say 'what a shame, I really wanted to sell it to you' in which case you ask for a couple more hours to beg the money from relatives, then ring back and pay the price. Or he'll squirm and ask how much less you're talking about. In which case I win my imaginary £1 and you can bid less.