'We lost three bidding wars': desperate property buyers face a battle in frenzied market
Joshua Donnell and Eneli Otsa missed out on their dream home The housing market has reached “frenzy territory” with buyers placing increasingly desperate bids in order to secure properties. One couple, first-time buyers Joshua Donnell, 24, and Eneli Otsa, 25, from Nottingham, were rejected three times on three different properties despite bidding over the asking price on each occasion. “The first property we put an offer in for was a dream home,” Mr Donnell said. “We viewed it twice in a day and put an offer in at the asking price. It was rejected even though there were no other...
Source: telegraph.co.uk