How are you finding the wait to hear back on offers, especially for properties your heart is set on?
I'm a first-time buyer, currently based in London but looking to relocate to Sheffield. I viewed a Victorian terrace on Monday and honestly, I haven't stopped thinking about it. I had no plans on viewing any properties before the end of the year but I came across it just after it was posted on Rightmove and it grabbed me so much that I felt compelled to go for a viewing even though I only have a 5% deposit in place.
The owners have clearly put their heart into it - bespoke kitchen, original flooring, a loft conversion with an en-suite, and the most beautiful attention to detail (the kitchen is amongst the best I've seen) I work in property, so I've seen a lot of renovations, and this one genuinely stood out. It felt like a home, not just a house.
I've offered £335k (which is 10k over the top of guide but honestly the lower end seemed like a bit of a trick to entice people and it was clear from the outset that interest was very high). I'm chain-free, mortgage in principle ready, and I've submitted all my paperwork - bank statements, gifted deposit letter etc to the agent immediately when requested and told the sellers wife who actually did the viewing themselves that I work in property so knew how to progress quickly as the seller is chain free also. I even wrote the seller a handwritten letter which I dropped through the letterbox not long after viewing, no sob stories just outlined my strong position and willingness to act quickly.
The estate agent has been professional but vague. They say there are multiple offers, including another at £335k, which could well not be true but it's hard to judge as the property is special. They say that the seller will decide at the "end of next week" after all viewings are tied up.
For those who have been through this - how did you cope with the wait? Did you chase the agent, or just sit on your hands? And when you finally got the call, how did you handle it - whether it was good news or bad