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?
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...