Henry was in the process of getting a pre-qualified loan when he made the offer. He knows he will have no trouble getting a mortgage as inheritance money means he can put down a large deposit which makes him very low risk in terms of loan to value ratio.

I've learnt not to trust pre-qualified loans - they break down when bidding wars happen. We had a buyer for my mother-in-laws house who had a pre-approved mortgage. They bid beyond the limit of their loan (and the solicitors failed to pick this up) and had to drop six months later admitting they couldn't do it.

I also learned never to sell to overseas' buyers. They have all sorts of additional problems.