Owning your own home

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gillies in reply to @Double_J

20k over our offer, 55k over home report value.

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cjr in reply to @gillies

It's the 'offers over' system in Scotland though right? so it will always go for above asking.

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gillies in reply to @cjr

You get the 'offers over' figure, then the home report value. The latter is the amount that the bank will give you a mortgage for.

There's nothing to say that final price has to be above or below a specific figure - I've know folk who've bought a house at 15k under the HR value.

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