As the UK housing market experiences renewed turbulence, two old foes have re-emerged with a vengeance: gazumping and gazundering . Recent Google Trends data shows a dramatic 1,500% increase in searches for these terms, highlighting growing buyer and seller anxiety. But what exactly do they mean — and how can you avoid falling victim?
UK homebuyers call for gazumping to be made illegal
Property purchasing specialist, HBB Solutions , has revealed that the vast majority of UK homebuyers want to see the practice of gazumping made illegal, as one in 10 fell foul of the backhanded practice during their last house hunt.
The survey of 1,000 UK homebuyers to have purchased in the last six months alone found that...
Property purchasing specialist, HBB Solutions , has looked at the most common contributing factors that lead to a property sale falling through.
Fall-throughs are commonplace in the UK housing market and It’s thought that one in ten property purchases fails before completion . However, with the market booming in recent months, it’s estimated that fall-throughs have been as common as...
