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Ever backfired?

Excellent. Is it possible to mention what lenders if the list is not that long? Is there usually a costs associated? Is it a desk valuation or actual visit the property valuation?

And that's the confidence thing. I think "most" people wouldn't consider it.

What do you mean by upfront val?

I agree. The contract I mentioned was my first property and knew no better - the solicitor "did it all".

From memory it was 7 days for both and 5 days for cooling off.

What if you sign unconditional and the valuation is less than you expect?

Yes. Why do you ask?

Why do you say this?

Apologies - should have been more specific. Yes, no cooling off period. But also no subject to finance clause. No P&B clause. And I agree with the auction analogy - I thought the same thing.

I think it's fair to assume that only a small percentage of people interested in a property would be willing to sign an unconditional contract - fair comment? I know I would, but only being confident with the sale going in my favour and not falling through and me being finanicially...