How To Choose Between Two People Who Have Offered The Same Amount For Your Property

Two people have offered the same amount for my house - how do I choose?

If you've got two people at the same price or very close, it's very difficult to distinguish between them. I would strongly suggest that you should look at their ability to exchange contracts. Have they got their solicitors instructed, are they borrowing money or are they cash—most people will be borrowing, it's very rare to have cash buys. If they are borrowing, how much are they borrowing? If someone's borrowing 9% of the purchase price, they're going to find it very, very difficult. Most UK companies won't lend more than 7-8% loan to value and you're not going to get 10% of a valuation on your property. You really want to be looking for someone who's 5-6% maximum as mortgage and is able to perform as quickly as they can do. That's how you want to distinguish between them.