Buyers and sellers seem to be finding more new ways to play the game and turn situations to their advantage. Unfortunately, when this happens, someone else in the chain can very easily lose out.
In England and Wales gazumping can happen after an offer is accepted. This is less likely in Scotland due to the exchange of missives at the point when an offer is accepted.
There are several options you can choose when responding to being gazundered.
Research form House Buyer Bureau found that over a quarter of sellers experienced gazundering in their last property transaction
Remember that a good conveyancing solicitor or licensed conveyancer can help you navigate and avoid Gazumping, Gazundering, and Gazanging. You can compare conveyancing quotes on reallymoving to help find the right property solicitor for you.
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