What is an Offer on a Property in Scotland and How Do I Make an Offer?

What is an Offer on a Property in Scotland and How Do I Make an Offer?

An offer on a property can be verbal or in writing. What is the difference? A verbal offer may come from either a potential buyer, a representative authorised by them or from that person’s solicitor. Of course, the old adage that a verbal offer isn’t worth the paper it’s printed on applies just as much to property as it does to most other things! It is, however, an indication that the potential buyer wants to open negotations on a purchase. Talk, however, is cheap and until the offer is in writing there is little legal consequence to having come to an agreement verbally. A written offer, to be legally binding, must come from a firm of solicitors. A written offer is the first letter that leads to the exchange of letters that constitutes the ‘missives’: the contract of purchase and sale.

I'm Robert Carroll, Managing Director of MOV8 Real Estate, Estate Agents and Solicitors. MOV8 is an innovative and forward-thinking, all-in-one estate agency and solicitor firm with its Head Office in Edinburgh and a City Centre office in Glasgow. We buy and sell literally thousands of properties for property buyers and sellers in Scotland every year, so I see first-hand every day what is actually happening in the property market. This blog aims to give an honest, fresh and sometimes light-hearted take on what is happening in the Scottish property market.

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The Prime Minister at 8.30pm on Monday, 23 March 2020 announced unprecedented measures restricting movement of the UK population in order to combat the spread of the Coronavirus Covid-19 pandemic.

We are experiencing a huge surge of calls and email requests following this announcement, at a time when our capacity is more restricted than normal by sickness absence. Our capacity to answer calls will be restricted and more calls than normal will end in voicemail. Those voicemails will then be emailed to our central, team email accounts and allocated appropriately to the relevant staff members.

Viewing Requests

Anyone hoping to view a property will be unable to arrange a viewing in the coming three weeks. Reassuring our clients through this particularly difficult time has to be our top priority.

We will have to take the unprecedented step of not responding to viewing requests in the meantime. When restrictions are lifted on movement we would ask that, if you remain interested, you submit a fresh request.

Please Remain Patient - We Are in This Together

We respectfully ask that anyone first makes contact with us by email in the coming days.

We are all in this together. We ask that everyone tries to be kind to each other and to our staff throughout what are already the most stressful and anxious of times for everyone, let alone someone who is supposed to be moving home.

Best wishes and be safe,
MOV8 Real Estate