What Is Gazumping

Ever had your heart set on a house only to have the seller accept a higher offer? That’s gazumping – a legal yet frustrating practice in the property market. In this episode, we dive into what gazumping is, how to protect yourself, and strategies to keep your home purchase on track. Plus, learn what to do if you find yourself a victim of gazumping.

VIDEO TIMESTAMPS ⏳

0:00 - Introduction
1:05 - What is gazumping?
1:30 - Legal status and impact
1:42 - Scottish property law difference
1:54 - Protecting against gazumping
3:13 - What to do if gazumped
4:03 - Gazundering and government review

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[thedingo]

This happened to us numerous times during COVID. We didn’t understand what was happening at first till someone mentioned this term. I’m about to sell now and I appreciate the informative video