Gazundering in property market and how to avoid it
Gazundering—where property buyers reduce their offer at the last moment before exchange of contracts—is becoming an increasingly common problem in the real estate market. The article examines this concerning trend and provides guidance on how sellers and their agents can protect themselves from sudden price reductions by buyers.
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'My buyers dropped their offer by £15,000 the day before exchange': Gazundering and how to avoid it
Gazundering—where property buyers reduce their offer at the last moment before exchange of contracts—is becoming an increasingly common problem in the real estate market. The article examines this concerning trend and provides guidance on how sellers and their agents can protect themselves from sudden price reductions by buyers.
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