As well as handling conveyancing, our strategic advice can be invaluable. Through our research and knowledge of the ever-changing property market, our conveyancing solicitors can help you understand the current market and what other buyers are likely to offer. We can advise whether your offer should be ‘subject to survey’ and your ‘date of entry’. We can also advise on the survey results.
Contact us by telephone in Edinburgh on 0131 202 7516 or in Glasgow on 0141 404 0436 or through our online enquiry form on this website, to find out how we could help you.
Properties for Sale
Buying property in Scotland: Where to start
Before you look for a property, establish how much you can afford to offer: combine any existing equity /deposit savings with an affordable mortgage. Your bank or a building society could help or ask an Independent Financial Adviser (IFA). Contact us if you need a recommendation for an IFA for free, impartial advice.
Working out your offer
Properties in Scotland are listed either with an “Offers Over”, “Offers Around” or at a “Fixed Price”
This system can be confusing. It’s sometimes difficult to judge the desired sale price – or how much over the valuation others may offer. A general guide is to add on a percentage to the ‘Offers Over’ price. The advised percentage will change substantially depending on the property’s location and the current market buoyancy. Ask us for advice – we can help you work out exactly what to offer.
This has become much more popular since Home Reports were introduced. Generally, the offers around price is the same as the Home Report valuation. If there is a lot of interest in a property, a closing date can still be fixed and a bid submitted at the closing date. If there is less interest in a property, a purchaser may be able to negotiate a price below the offers around price.
This indicates the price the sellers want. They will usually sell to the first person offering this price.