Owning your own home

Thanks, yeah I should have said this bit:

Sellers are selling on behalf of their deceased parents who rented the place out for the last decade or two so possibly in no rush and will be seduced by high offers.

This is exactly what we're hoping. If they don't have a mortgage to pay, what's the big rush? Also it's still tenanted right now, not sure for how long though. And the tenant is older so things might not necessarily move fast on that front.

We have considered offering to pay council tax/any other costs incurred while they wait.

For anyone wondering the figures involved are smaller for us as this one hasn't been done up/extended. But we're expecting similar percentages to be involved...