For those buying a property in the UK for the first time, the process can seem complex and even...
Winning sealed bids
House prices are rising across the UK as demand for housing completely outweighs supply, particularly in London and the South East, and the percentage of sellers achieving their initial asking prices in these areas has grown as a result. In some cases, especially for those selling prime property, vendors are able to achieve more than their initial asking price by asking potential buyers to submit sealed bids. Whilst this is clearly advantageous for the vendor, it does present those interested in buying property with a difficult challenge.
Having helped a large number of clients to successfully win sealed bids, James Rawes, from the Garrington London team, has recently written an informative blog article in which he explains how keen purchasers can maximise their chances of winning and avoid missing out on their ideal property. This information would be of interest to those about to submit a sealed bid on a property or for those interested in buying property in an area where they are likely to face stiff competition.
To find out more about how to increase your chances of winning sealed bids, please read the full article by clicking the following link: