What Does 'Sold STC' Mean, and Can I Still Make an Offer?

What Does 'Sold STC' Mean?

'Sold STC' stands for Sold Subject to Contract. It means the seller has accepted an offer on the property, but the legal process hasn't yet been completed. The sale is not final - no contracts have been exchanged, and the property has not legally changed hands.

At this stage, both the buyer and the seller can still walk away if something changes, such as issues uncovered in the survey or delays in securing a mortgage.

Can I Still Make an Offer on a Property That's Sold STC?

Yes, you can. A property marked as 'Sold STC' is not legally off the market. While many estate agents will pause viewings once a sale is agreed, sellers are still allowed to consider other offers until contracts are exchanged.

This is often referred to as 'gazumping' - where a seller accepts a higher offer after already accepting another. While it's legal in England and Wales, it's sometimes discouraged and can frustrate buyers who thought they had secured the deal.

Should You Make an Offer on a Sold STC Property?

It depends on your situation. You may consider doing so if:

• You're in a better position than the current buyer (e.g. chain-free, cash buyer, mortgage approved)
• You're offering significantly more than the accepted offer
• The sale is taking too long, and the seller may be open to faster alternatives

However, it's always best to be respectful. Let the estate agent know you're interested in case the current deal falls through - many do, especially during the conveyancing stage.

What If You're the Original Buyer?

If you've had your offer accepted and the home is marked 'Sold STC', you should aim to move things along quickly:

• Instruct a solicitor promptly
• Arrange your mortgage and valuation as soon as possible
• Stay in regular contact with the estate agent and seller's solicitor

Until contracts are exchanged, the property is still at risk. Speed and good communication are key to avoiding delays or the risk of being gazumped yourself.

Can Sellers Accept Other Offers After 'Sold STC'?

Yes, legally, they can. A sale is only binding once contracts are exchanged. Some sellers may choose to honour their original deal out of principle, while others may be persuaded by a higher offer or a buyer in a better position.

'Sold STC' doesn't mean 'sold forever' - it means a deal is in motion, but not yet legally complete. If you're still interested in a home marked as such, you can register your interest or make a backup offer. And if you're the buyer, the message is clear: move quickly and stay in touch to secure the sale. In the current 2025 market, where competition remains strong, being proactive and well-informed makes all the difference.