To chime in here, we just bought a 3 bed flat on upland road. It is newly renovated and we were prepared to pay the asking or close to it because it was so special. However, our mortgage valuation had different ideas. They undervalued the property by a big chunk so we ultimately ended up paying less than we first offered. The point I?m making isn?t that we are total morons willing to over pay but that the people carrying out valuations for mortgage companies are down pricing because they can see the market has stalled. It?s worth bearing in mind that even if you are waiting for an offer on your property that is acceptable to you, it might not be worth that in the eyes of the lender. Of course it all depends on the buyers LTV but I do think that estate agents are generally guilty of over inflating prices to have you sign up with them only to lead you on a long road of price reductions and disappointment. Just my two pennies worth! Wishing everyone the best of luck and if you are really stuck try Nested. We have used them for both of our properties in order to make this move happen. It?s not a perfect solution because it?s more expensive than the generic sales route but it does guarantee you?ll be chain free in 90 days.