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No and no, but kind of yes for Q2.
If the vendor puts value on a quick sale then cash buyers are attractive. If they stand to loose money from a drawn out conveyancing process (they’re paying mad rent or something) then they may be willing to take a hit on sale price to save time (money) elsewhere.
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As said, there's a lot of stuff about proving the source of funds nowadays. If the money is coming from overseas (particularly China or Russia or similar) you may have to go to quite some lengths to prove that it isn't dodgy. If you have plenty of documentation to justify where it's from it should be easy enough.
It might not be a reason for knocking the price down but if there are two equal bids yours will probably be the one that is accepted.
dbr
aggi
@ExTra
Would people think you are dodgy if you were to buy a house with cash? Not a property that is asking for cash buyers only, but a normal freehold or long lease property.
I don't mean with a suitcase of actual notes, but without a mortgage and you are not an investor?
Also, w0uld paying 100% cash on purchase a reason for knocking the asking price down?