What does Under Offer mean in property dealing (Scotland). Can I still make an offer?
No you cannot. If a property in Scotland is “under offer” it is because a contractual offer has been accepted by the seller and both parties are legally contracted to proceed with the sale. The Scottish solicitor draws up a contractural offer which he sends to the Sellers solicitor via the Estate Agent, if the offer is accepted the Sellers solicitor sends back an acceptance contract and both parties are bound by the sale. You cannot make an offer yourself on a property, you have to use a Scottish Solicitor to put a contractual offer in for you, if the offer is accepted a signed contractual acceptance will come back from the seller. The only way the sale can fall through is if something turns up in the missives, then the buyer can withdraw or if the buyer does not complete on the completion date the seller can remarket the property. It will cost the buyer a lot of money though. It is a very complicated system, but once an offer has been accepted by the seller the contracts are exchanged