Property News · October 22, 2017

New rules sought to cut stress of buying a house


Ministers are reviewing regulations to clamp down on gazumping and time-wasting offersA clampdown on gazumping and other tactics that cause misery to housebuyers and sellers is being drawn up by the government as part of a renewed attempt to reduce the stress of buying a home.New rules to stop people from cutting their offer at an advanced point in a sale, and “time wasting” by bidders with no realistic hope of completing a purchase, will also be examined as part of a review of the rules. Continue reading…

Source : theguardian.com
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