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Why is gazumbering and gazundering legal in the selling market? It is a waste of time and a dissappointment.

Asked on Aug 20 2010, General in London | Report content

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  • I completely agree, it is simply fueled by greed from the sellers and opportunism from buyers, wrong in every level unless it is genuine renegotiation. It will never become law until we have exchange ready packs and surveys on hand. But currently sales are agreed subject to contract and survey.

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    Answered on Aug 20 2010, Report content
  • It is so wrong. I wish we had the same system in place as Scotland.

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    Answered on Aug 21 2010, Report content
  • Totally agree, a complete waste of time and money! It works both ways of course depending on changable market conditions. The best way to prevent it is to keep everyone communicating at every stage, there has to be an element of trust all round.

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    Answered on Aug 24 2010, Report content

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