A Faster and more Secure Home Selling process.
Recommended by Government and Law Society.
- Protect my sale from Gazundering.
- Protect my agreed price.
- Shorten time to Exchange.
- Increase the chances of moving the first time.
- Receive up to £10,000* if your sale collapses
Gazundering is all over the news...
Thousands of Sellers have been affected by Gazundering and are losing valuable time and money. This is now a serious problem if you are looking to sell your home and a Safest Agent can help protect your sale from Gazundering.
‘I gazundered my property seller and got £20,000 off the asking price’
NewsThe tough negotiating tactic that causes upset to sellers is on the rise. As the housing market wobbles and mortgage costs escalate, one in three home sellers has been gazundered, a study by House Buying Bureau, a home buyer, found. It discovered increasing evidence of buyers lowering offers, sometimes within days of contracts being exchanged.
Why do we buy and sell in a way that seems only to encourage gazumping, gazundering and panic?
NewsWhy do we buy and sell property in a way that seems only to encourage gazumping, gazundering and last-minute panics that leave people stranded and out of pocket? The Ministry of Housing, Communities and Local Government puts the cost of sales falling through at £270m a year.
Why do we tolerate our Wild West housing market?
NewsHowever, a week before exchanging — and after a gruelling six-month selling process — their buyer decided to drop their offer £30,000. There was no reason for it: no survey showing damp issues, or anything else warranting last-minute bargaining. This was pure gazundering. It’s like the Wild West out there.
Gazundering is back as purchasers reduce offers by thousands.
NewsA survey of 2,000 people by campaign group the HomeOwners Alliance, BLP Insurance and Resi.co.uk architects found that some 45 per cent of people were concerned about this relatively recent phenomenon - up from 40 per cent last year.
Requesting sellers slash an agreed price just before exchange, without valid cause, might be immoral — but it is not illegal.
NewsHouse buyers in London are ‘gazundering’ sellers by demanding thousands off an agreed sale price just before an exchange is about to take place.
According to property experts this latest wave of gazundering, also called ‘price chipping’, is gathering pace as the housing market slowly begins to respond to the UK’s wider economic problems.
Gazundering makes a comeback as house prices stall
NewsDespite these cooling market conditions, there remains an air of stubbornness amongst the nation’s sellers who are yet to fully accept this change in market temperature and, as a result, almost a third are being gazundered with a lower offer having originally agreed a price with their buyer.
