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  • I think it's fair for a buyer to lower their offer following this C19 crisis. Paying over market value for something immediately puts you in negative equity, which is a result place to be of something happens to you (as the buyer) that means you need to sell the house.

    The problem is the none binding nature of our offer system in the UK.

  • There is no binding in the offers on lfgss! Forget the country.

  • Paying over market value for something immediately puts you in negative equity

    No, it does not. NE is the situation where if you sold you would owe more to the bank than could be achieved at sale.

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