Business · 18 July 2026
Gazundering: buyers dropping offers last minute is a growing problem
Gazundering, where buyers lower their agreed offer just before exchanging contracts, is a rare but growing problem in England and Wales. The practice places sellers in a difficult position, compelling them to agree to a reduced price or risk their sale falling through. The government intends to implement legally enforceable agreements to prevent buyers from withdrawing without legitimate cause.
Reported by BBC · How we write briefs