You are reading a single comment by @TM and its replies.
Click here to read the full conversation.
-
I would open the conversation with the seller and see where it goes. We’re on the brink of a massive recession and all lenders are tightening their belts and taking extra care. It’s not a time you want to be over paying, if we do go down the shitter as predicted then you could be getting more for your money next year?
TM
konastab01
We've had our house downvalued by our mortgage lender by 30k (~5%) - do we play hardball and just say thats our maximum offer? we could realistically add 5-10k of cash if we needed to.
They're a husband and wife (with kid) who are living in separate countries until the house exchanges so they should be keen to get moving..
My worry with just reducing straight to the valuation price is that they will know that 30k less price = 5k of deposit funds less so they would know that at the very least we would have 5k