First time buyer and you're looking at a £366,000 house?!!
You robbed a bank?!
As karl said, 10% is not an unreasonable amount to lower your offer by, even 15%. What will put you in a strong position to other people is being first time buyers as you have no chain that holds everything up - make sure you push that point as to why they may want to accept your offer over and above anybody elses - even if any of the others made a higher offer. Quick sale and all that can be the deciding factor why the vendor, the bank, will take your lower offer instead.
Also, do you actually have your mortgage approved and in place? If you do, then again that will really strengthen your position. First time buyers, no chain and mortgage already sorted is an estate agent's dream. When I say mortgage approved, I don't mean that it's agreed in principle, I mean that the lender has said they will lend you what you need based on your personal circumstances. If you have a bit of paper to show that, which the lender can give you, then you'll be in a strong position to push for that 15%.
HTH
D
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