Browsing Tag
UK Housing
2 posts
Facing Gazundering: How a Last-Minute Price Drop Impacts Home Sellers
A homeowner shares her experience with gazundering—a practice where buyers lower their offer just before contracts are exchanged—and experts offer advice on how to protect yourself.
New Government Proposals Aim to Prevent Gazumping in Housing Market
Legally binding agreements and mandatory sales packs will be introduced to the housing market by 2029 to curb gazumping and streamline the property purchase process.