Gazumping

Thu 19 May 2016

 

 

 

 

For your information:

Ministers are reportedly considering a crackdown on buyers and sellers who pull out of a deal at the last minute, or who try to gazump or gazunder each other.

They are considering making house purchases legally binding much earlier in the process – for example, at the stage where an offer is accepted.

This will mean you can not pull out of a sale without costs encurred

If either the buyer or seller pulled out afterwards, they would have to pay the other party’s costs.

 

"We shopped around when we were choosing our estate agent. I wanted a company that understood how important the sale of our house was to us, a company that cared. It seemed we were 'business' to many of them and nothing more... Until I meet Alethea at ADM residential. I knew from the minute I met her we would use her company and I haven't been disappointed once. She's efficient, a fantastic communicator, caring and professional. We were in safe hands. I can't recommend ADM highly enough. It's like business as it's used to be- personal. Fantastic. Look no further for your estate agents - you've found them here."
Mrs Mary Franklin-smith