How much did you pay for your house?

Posted by ChoreomaniacCat@reddit | AskUK | View on Reddit | 237 comments

A few days ago, I had an offer accepted for my first home and was really happy and excited. We ended up offering the asking price, which was under our budget by a fair amount and we felt it was a fair price for the house. They also knocked money off as the house doesn't have a drive, but there's plenty of parking outside so that wasn't an issue for us.

My mum has put a massive downer on me by insisting nobody ever pays the asking price and we should have refused to pay anything more than £10,000 under the asking price because it doesn't have a drive. Apparently nobody ever prices houses fairly so you should always refuse to pay close to what they want because they'll be desperate enough to agree to a lower offer. We loved the house and will of course go for thorough surveys, so if anything wrong is identified we can negotiate accordingly. There's also plenty of space for us to install a drive in future if we decide we desperately want one.

But all of that initial excitement and happiness has just been sapped out of me now by those comments. So I'm wondering, how much did people pay for their homes? And did you go under, on or over the asking price?