Proceedable Buyer is a term used by estate agents when a buyer is in a position to move forward with a house purchase (to put forward an offer for the property they want to buy).
When you are a member of the Home Owners Plan™ you can tell the seller’s agent that you are a Proceedable Buyer IMPORTANT POINT: you know that you can take our finance (Fall Back Price®) in 5 days.
If the seller’s agent asks you to confirm that you are a Proceedable Buyer you can ask Your Solicitors to do so,
IMPORTANT POINT: Most home owners will use Our Offer of Finance/LTV to secure their next house at the best price and will not need to take the Fall Back Price® because their agent had time (20 weeks) to sell their old one for the highest price.
We can not advise you if you should take any of our financial products. We can not recommend any financial product. If you need advice you must consult a solicitor, broker or independent financial adviser.
