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The way @ReekBlefs described it, it sounded like the point of the form was to allow sellers to select the most "worthy" buyer for non-financial reasons. I guess it makes you feel better about trousering £X00k in tax-free gainz if you think a nice nurse got to own their own home?
What they tell their buyers is 'in the event of two similar bids your story may make a difference'.
But because they undervalue everything - last time we were seeking £300k minimum and they put it on for £275k - that leads to loads of people with a max bid of £276k and £277k thinking they're in with a chance if they put the saddest story possible. It genuinely upset me because I wished I could accept the bids but it was just never going to be possible for us. We learned next time to put it on for only five grand under asking, but it was a painful learning.
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ReekBlefs
The way @ReekBlefs described it, it sounded like the point of the form was to allow sellers to select the most "worthy" buyer for non-financial reasons. I guess it makes you feel better about trousering £X00k in tax-free gainz if you think a nice nurse got to own their own home?
If you have proof of deposit and a credit-checked AIP I'm not sure what more you can learn.