Gazumping has returned to the housing market
- Credit: Archant
Many people might long for a return to the 1980s – but not house buyers. Decades on from the gazumping trend, it is back. Eleanor Pringle and Angus Williams investigate.
The boxes are packed. The removal firm is booked. The paint swatches are ordered.
And then the worst happens. The phone rings and hopes and dreams of fresh start in a new home are dashed.
Every person buying a house knows the risk of the sale falling through – but apparently gazumping is increasingly at the root of the problem.
Homes under construction for the past four years
Gazumping has returned to the housing market
- Credit: Archant
Many people might long for a return to the 1980s – but not house buyers. Decades on from the gazumping trend, it is back. Eleanor Pringle and Angus Williams investigate.
The boxes are packed. The removal firm is booked. The paint swatches are ordered.
And then the worst happens. The phone rings and hopes and dreams of fresh start in a new home are dashed.
Every person buying a house knows the risk of the sale falling through – but apparently gazumping is increasingly at the root of the problem.
Homes under construction for the past four years