Estate agent listing details of offer received

What does it mean when an estate agent makes a statement about the offer they have received on a property?

It usually means it’s a reposession.

ESTATE AGENT NAME are now in receipt of an offer for the sum of £X for ADDDRESS. Anyone wishing to place an offer on this property should contact ESTATE AGENT NAME before exchange of contracts.

In my opinion it’s not worth the effort of interfering – you’d only up the price of the property and you don’t know how keen the others are to buy. There are more than enough properties about to not get in a bidding war.

Phil Neville buying in Hale

The village of Hale is getting another footballer according to this story in the Daily Mail
He’s buying a house for a tad under £4M. His flat in Beetham Tower hasn’t sold yet.

Beetham Tower in in the middle of Manchester with the postcode m3 4lq. We assume that Phil’s flat is the one listed for £3.75M

Their new house has 6 bedrooms and a cinema, gym, sauna, steam room and large garage.

teddy bear hospital?

Teddy bear hospitalI quite like some aspects of this house.
Picture 7 is a Teddy bear hospital though isn’t it?
Sadly picture 8 shows the clutter under the beds! That’s a big no-no!

I like the round windows and I think the bathroom’s go faster stripes are interesting! I’ve been eyeing up those strips of colour tiles (albeit the pink and purple ones) and have wondered how they’d look in a real bathroom.

Shhh … for sale!

I was asked to take down a post I’d made about a pretty property in Devon. I’d not given away any information that wasn’t freely available online but apparently the owner was upset about the info being available.

I did take the posting down because I’m a nice person and don’t want to cause anyone upset.
Should I have done? Well the information was all available on the original estate agent advert which is still available to see if you have the right browser plug in.

However there’s a bigger question here. If you want to sell a business (as it was actually a business not just a house for sale) then you will have to at some point tell the person how much money you’re making, what your occupancy rating is, and let them visit you.

If I was serious about spending acouple of million pounds then I’d make sure I was doing lots of online research first. Buying a holiday business would involve lots of research to read reviews about the place, and this would require knowing the name of the place.

A quick look at the owner’s website got me data for their income for the current year and some spreadsheet magic got me a total and that’d be enough to put me off their price tag!
Maybe they’ve not realised what selling a business means – that someone will want to make sure it’s a sound financial business before they set foot in the place.
Or maybe people just rush headlong into buying beautiful holiday parks because they can afford to spend the money. I did say in my post I’d love to own it but wouldn’t want to share it!

What did they expect when they advertised their house? That someone would just buy it without asking any questions? Or perhaps they weren’t prepared for how public that information is when using a general estate agent. There are specialist estate agents who don’t advertise on the main property websites. I’d never thought of it as a negative before, always a positive. But perhaps if you’re looking for a serious buyer only and not a ‘tyre kicker’ like me then you’d be best sticking to a business only agent.

100pc mortgage return

I think this is a horrible idea – not only do you take away any need to save for people but you’re also putting your parents house at risk.


Saving to buy a house is essential. A house is the biggest purchase you ever make and it’s important to take it seriously. By saving you show you’re committed and financially responsible to buy a house.


New mortgages offer you the chance to buy without a deposit. It’s only available in Northern Ireland the Telegraph reports


These “guarantor” mortgages, mean that the home loan is effectively underwritten by the parents. Which means if you lose your job and can’t pay then they have to.


I don’t think this is something parents should sign up to. You probably could only offer it to one child anyway so it’d mean any others are immediately left out. And there is no security in the job market these days! There is no such thing as a job for life. They say it’s aimed at professionals who’ll earn more in the future, but there are no guarantees in life – apart from this one your parents have to sign up to.


It’d be bad enough taking out a 100% mortgage that was just your own responsibility if you lost you job, but this puts a huge amount of pressure on family relationships.


Steer well clear is my advice! House prices are unaffordable still! This scheme won’t make them more affordable at all.