Debate House Prices


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Comments

  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Fair enough. Lets have another spinning Martin anyway. These days Im more into 2-4-1 Pizza deals and saving money on my gas bill anyway.

    :money::money::money::money::money::money::money::money::money::money::money::money::money::money::money:

    Grief its much too hot to be in an unairconditioned office.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Fair enough. Lets have another spinning Martin anyway. These days Im more into 2-4-1 Pizza deals and saving money on my gas bill anyway.

    :money::money::money::money::money::money::money::money::money::money::money::money::money::money::money:

    Grief its much too hot to be in an unairconditioned office.


    Too right :)
    :money::money::money::money::money::money::money::money::money::money::money::money::money::money::money:
  • carolt
    carolt Posts: 8,531 Forumite
    Really2 wrote: »
    Nope I know an EA. Gazumping is illegal for a seller to do. The only way round it is getting the buyer to up their offer or taking the house off the market and accepting the offer from another perspective buyer.
    (not nice but a lot of Sellers are doing it, and getting burnt EG sale at higher bid falls through:))


    Since when?

    As far as I'm aware, in England at least - don't know about Scotland, say - gazumping and its merry friend, gazundering are both 100% legal.

    Not very nice, but totally legal.

    I think you're EA friend is having a larf.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    carolt wrote: »
    Since when?

    As far as I'm aware, in England at least - don't know about Scotland, say - gazumping and its merry friend, gazundering are both 100% legal.

    Not very nice, but totally legal.

    I think you're EA friend is having a larf.

    Ditto.

    So far as I am concerned/aware, gazumping isn't illegal at all. Neither is gazundering (or is that a p155pot?).
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Ditto.

    So far as I am concerned/aware, gazumping isn't illegal at all. Neither is gazundering (or is that a p155pot?).

    My belief was that anything was allowed until exchange of contracts frm either party:confused:
  • carolt
    carolt Posts: 8,531 Forumite
    But that messes up Really's pretty argument.

    What a shame.

    I mean he'd never ever make things up to try to score a cheap point, would he? :confused:
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    chucky wrote: »
    not surprised - mortgage approval criteria is strict at the moment.

    GOOD.

    It stops chancers like you driving up prices.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 1 July 2009 at 7:22PM
    Sorry I did mean after contracts.

    All houses stay SSTC untill compleated and beyond on places like rightmove etc.

    I was not causing an argument just stating gazundering gazumping makes houses come back on the market.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    nearlynew wrote: »
    GOOD.

    It stops chancers like you driving up prices.

    no the trick is to make the purchase in cash - much quicker and you get a deal offer to completion within a couple of weeks.
    sellers bite your hand off when you can do this. don't forget the cheaper price :)

    you then take your time choosing the mortgage product and rate that suits and is the cheapest. there's no rush and you get the best deal.

    good isn't it :beer:
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    chucky wrote: »
    no the trick is to make the purchase in cash - much quicker and you get a deal offer to completion within a couple of weeks.
    sellers bite your hand off when you can do this. don't forget the cheaper price :)

    you then take your time choosing the mortgage product and rate that suits and is the cheapest. there's no rush and you get the best deal.

    good isn't it :beer:

    WOW

    Sorry, you are obviously a genius and I bow to your financial acumen.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
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