Deciding and offering
Decide shows the homes you scored 6 or more. You can open an offer memo whenever you're ready. We never push you to offer.
#The Decide tab
Each home shows its price, your score, the biggest flag, the monthly cost, stamp duty, and its Opening to Target range from the Offer plan.
#Compare
Tap "Compare side by side" to see up to 5 homes in one table: price and price per square foot, the monthly cost, your scores, the biggest flag and the nearest station. It starts with your 3 highest scores. Tap Change to pick others. Your choice is kept on this phone, so your partner can choose their own.
#Before you offer
You can open the offer memo for any home, at any time. Tap "Offer memo" in Decide or in the deep dive. If the deep dive hasn't run yet, it runs first, which takes about 30 seconds.
The memo starts with "Before you offer": things worth doing if you can. None of them stops you.
- You haven't viewed it yet.
- You've viewed it once. Most buyers view again before offering, at a different time of day.
- Questions the agent hasn't answered yet.
#The Offer plan
Three numbers, only for you. They never go in an email or letter.
- Opening: where to start. Always below the asking price, and always below Target.
- Target: where you're likely to agree.
- Walk-away: the most to pay. Normally the asking price, or the evidence if that's lower.
We start from the asking price. Only this home's own last sale, brought up to today, can change that: if it says the home is worth 15% or more less, we start from there instead and say so. Sales on the street or nearby never move the starting point; they only stop Opening going too low. We never go below the bottom of the evidence by more than a little, to leave room to move up.
Target is the asking price less the usual discount in this market. If we've seen at least 10 similar homes nearby go from asking price to sale, we use what they actually got. If not, we look at how long the home has been listed, any price cuts, and the local house price trend, and use national averages: about 1% off when homes are moving quickly, 3.5% normally, and 6% when they're moving slowly. That's marked "Market direction, from national averages".
If the asking price is at or below what nearby sales suggest, we say so: you may need to open close to asking.
#Other offers
If the agent tells you there's another offer, tap "The agent says there's another offer". Target then becomes the asking price, because there's little room to negotiate. Walk-away can go up towards what the evidence supports. You can undo it.
#Would you pay more?
Tap "Would you pay more?" to add what this home is worth to you above the asking price. It raises your Walk-away, and it's marked as your choice, not ours.
#Your budget
Your budget doesn't change the three numbers, because they describe the home and the market. If your budget is below the asking price or your Walk-away, we say so in one line.
#Will the lender's valuer agree?
Your lender sends a valuer, who looks at the same public sales. If your offer is within the evidence, they're likely to agree. If it's above, we show how much extra cash you'd need if the valuer says the middle of the evidence, using your deposit. Tap the chips to change the deposit or try another offer.
If we have no sales to check against, we say we can't tell what the valuer will think. We don't guess a figure. Cash buyers don't need a lender's valuer.
#The offer memo
- Offer plan: the three numbers and the stamp duty.
- For the phone call: facts you can mention to the agent. Keep them out of the letter.
- Your position: what the agent will want to know about you.
- Offer pack: the papers agents ask for, like your Agreement in Principle and proof of deposit. Attach them from Files on your phone. They never pass through us.
#The offer letter
We draft a complete letter: the amount, your position, your money, conditions, what's included, timing and your solicitor. Fill in the highlighted parts, then copy it. You send it yourself. The facts from the phone call stay out of the letter, because the agent passes it to the seller.
#Offer accepted
On the home's Overview, tap "Offer accepted on this one?". You can undo it. The home then shows "After the offer".
#After the offer
- Now you can ask: the questions we kept for later, for your conveyancer and your surveyor.
- Which survey: what each survey level covers and roughly what it costs.
- The seller's forms: add the TA6, TA10, and for flats the TA7 and LPE1, as PDFs. The text is taken out on your phone, and the PDF stays there. We check the text and show what doesn't match what you were told. This uses AI, so the first time the app asks first. Tap Not now and the form isn't sent or read. See "Using AI" in Privacy.
- Your survey report: add the PDF and we sort what to do before you exchange.
- Draft enquiries for your conveyancer: a list you copy or share with your own conveyancer. We don't send it.