Buying guide

Conditional offers: Everything buyers & sellers need to know

Get your sale or purchase right

Ben Tutty
Last updated: 28 May 2026 | 4 min read
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AI summary

A conditional offer allows you to secure a property while you complete your due diligence, saving you from paying for reports on properties you don't win. If conditions aren't met within the set timeframe, you can withdraw from the purchase.

Common conditions include:

- Securing finance

- A satisfactory building report

- Solicitor's approval of the LIM and title

In a multi-offer situation, fewer conditions make your offer more attractive. Always get expert advice from a property lawyer before signing an agreement.

What is a conditional offer?

Stuff you need to know about conditional offers

If you need more time you can negotiate with the seller

Before you buy or sell there are a few things you should know about sale and purchase agreements.

You can use your conditions to negotiate

In a multi-offer situation, fewer conditions is usually better

Your offer can be for a limited time

Make sure you get good advice if you don't understand your sale and purchase.

Common conditions to consider

Get expert advice before signing any agreement

Author

Ben Tutty Ben Tutty
Content Writer