i am a first time buyer, which is stressful enough. i had sorted out my mortgage and my deposit, and found a lovely bungalow for sale with saxons estate agents. my offer was accepted and things were moving along nicely. About a week before completion saxons viewed the property again and a higher offer was put in. I matched it, but they went higher again. unfortunately, i was unable to get more money. whilst i know that this is legal, and that saxons are acting within the law, i feel it was a very unprofessional, cut throat thing to do. This sale would have been completed in a week. I am out of pocket by about £800 and could have been potentialy homeless as i have given notice on my rented accommodation. i have talked to other estate agent about this and they have agreed that they would not have acted in this way, had a sale been this far along. So, if you intend to buy a property from saxons estate agents, make sure you get some assurance that they will not view the property again, or you are likely to be out of pocket, and homeless. failing that use a different estate agent, as there are plenty in weston super mare*. The Law needs changing to protect the buyer.
What agent could do to change your mind?
the agent did not need to view this property again.