Guide to Tenders

What is a tender?

The tender procedure enables a property or land, to be promoted to its best advantage through the local press and the internet within a set timescale.

A deadline is agreed by the seller & acting agent, which provides a suitable timescale by which prospective purchasers are able to arrange to inspect the property or land at their convenience, secure finance (if required), and commission any additional enquiries; ie survey, if required prior to the deadline.

All best & final offers are to be submitted in writing on the tender form provided by the acting agent, by the set date, and any additional information must also be provided (ie, if the offer is: subject to the sale of another property, mortgage/finance, survey etc).

The seller will consider all tenders received by considering both price & the ability to proceed, the seller will then decide whether to accept any of the tenders received.