Be Aware of ' Gazumping'

[katherine13]

Be aware with this agent in london called '' my london home'' with purchasing property, you can be gazumped from them ending up in a biding war, make sure you have solid terms to protect yourself when signing reservations agreement, as this will cost you a lot of money. They are a time waster, using you as a stepping stone! This agent have NO ETHICS AT ALL, Be aware!

 

[lookinginvest]

I live in Scotland where gazumping is illegal but I would be interested to learn how those in England/Wales/Northern Ireland can protect themselves from this dubious strategy.

 

[FWL]

I thought that gazumping was not illegal in England/Wales/Northern Ireland? I know it is illegal in Scotland but have the laws changed in other parts of the UK?