What Does “Under Offer” Mean When Buying a House?

When a property is listed as “under offer”, it means that a buyer has made an offer on the property and the seller has accepted it, but the contracts haven’t been exchanged yet. It’s a sign that the property is moving towards being sold, but the deal is not legally binding at this stage.

In short: it’s not a done deal yet, but things are in motion.

How Is “Under Offer” Different From “Sold STC”?

In UK property listings, you may also see “Sold Subject to Contract” (SSTC). While the two phrases are often used interchangeably, there’s a subtle difference:

• Under Offer – An offer has been accepted, but the sale is still early in the process.

• Sold STC – The sale is further along, with paperwork underway, but still not legally binding until exchange.

Both terms mean the property is still technically available, and the seller can change their mind, but SSTC usually indicates a more committed sale.

What Happens After a Property Goes Under Offer?

Once a property is under offer:

1. The seller stops actively marketing the property (in most cases).

2. The buyer arranges for a survey and valuation.

3. Solicitors are instructed to begin the legal conveyancing process.

4. Both parties work towards exchanging contracts — the stage where the sale becomes legally binding.

Until contracts are exchanged, either party can pull out without financial penalty (except for costs already incurred, like surveys or legal fees).

Can You Still View or Make an Offer on a Property That’s Under Offer?

Yes, you can still make an offer — and in some cases, sellers may continue accepting viewings. This is known as “gazumping” if a new buyer swoops in with a better offer after the original one was accepted.

Whether you can still view or offer depends on the seller’s preference and how confident they are in the current buyer’s position.

If you’re interested in a home that’s under offer, it’s worth asking the estate agent to:

• Register your interest in case the sale falls through

• Let you know if the current buyer pulls out

• Keep you in mind for similar properties

What Should Sellers Know?

As a seller, going “under offer” is a good sign — but remember, the sale isn’t final until contracts are exchanged. Be cautious and continue progressing the legal process quickly to reduce the chance of things falling apart.

Final Thought

“Under offer” means a property has received an accepted offer but isn’t sold yet. It’s an early step in the buying process and can still fall through, so it doesn’t guarantee a sale. If you’re a buyer, don’t be afraid to show interest. If you’re a seller, keep things moving until you get to exchange.