WebApr 14, 2024 · Definition of SSTC When a property is on sale, the term SSTC or Sold STC indicates that a buyer has submitted an offer on a house and has been accepted by the seller. The agreement is ‘subject to contract’ as it is …
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WebAug 20, 2014 · The TPO’s new Code of Practice for Residential Estate Agents, which came into force on August 1, does not go so far as to say which term – Under Offer or SSTC – should be used, and yesterday Hamer stressed that he is not a regulator. On Rightmove, properties appear as both Under Offer and SSTC. WebMany people are unaware of hidden costs and forget to factor these into their budget. It costs £33,070 to buy a home based on the average UK house price of £277,000. Throughout our buying guide, we explore the true costs of buying a house, from the typical upfront fees to the on-going costs, we cover everything for you to budget realistically. ismary decastro
What Does Sold STC Mean in Property? A Useful Guide
WebSep 5, 2024 · We've had an offer accepted on a property and sent the EA proof of deposit, ID documents & solicitor's info. The mortgage application is underway and the broker advised that this takes 22 days to finalise. Fine. We can arrange the survey etc within that time. WebFeb 25, 2014 · Sold STC means 'Sold Subject to Contract'. In layman’s terms this means that the seller and a buyer have agreed a price for the property, however, the final contract … WebFeb 25, 2014 · Sold STC means 'Sold Subject to Contract'. In layman’s terms this means that the seller and a buyer have agreed a price for the property, however, the final contract which would make the deal irreversible has not been signed. With this in mind, it makes sense to contact the agent and try and find out the status of the sale. kick off letter