What Does Let Agreed Mean? (And Can You Still Enquire?)
A let agreed property is not off the market, and a fair few fall through. Here is whether it is worth asking to be the backup, and how to go about it.
🔑 Topic · 11 guides
Property listings run on phrases that sound official and mostly are not. None of these are legal terms, no portal defines them, and knowing which are meaningful is the difference between wasting a viewing and spotting an opening.
A let agreed property is not off the market, and a fair few fall through. Here is whether it is worth asking to be the backup, and how to go about it.
'Under offer' means a seller has accepted a buyer's offer but contracts are not yet exchanged. Here is how it works, how it differs from Sold STC, and more.
'Vacant possession' means a property is handed over empty on completion, with no tenants or occupiers. Here is why it matters and what to check before buying.
Hit by gazundering? Here is whether a seller can take revenge, smarter strategic responses to a last-minute lower offer, and how to protect yourself before exchange.
Gazumping is when a seller accepts a higher offer after already agreeing to sell to you. Learn why it's legal in England and Wales and how to guard against it.
'Offers in excess of' means the seller wants more than the stated figure. Here's what OIEO means for buyers, how much to offer, and how it differs from the asking price.
'Offers in region of' signals a guide price the seller will negotiate around. Here's what OIRO really means, how much to offer, and how it differs from the asking price.
'Offers over' means the seller wants more than the stated price — common in Scotland. Here's what it means, how much above to offer, and how to avoid overpaying.
Sold STC is not sold, and a sizeable share of these sales still collapse. Here is when it is worth making an offer, and how to line yourself up as backup.
Rightmove listings say "viewing advised" and "viewing highly recommended" constantly. Here is when the phrase is a real signal, and when it is pure filler.
Learn about gazundering and discover effective strategies to safeguard your interests during negotiations. Don't fall victim to this tactic.