gazumping
noun[U]
UKinformaluk/ɡəˈzʌm.pɪŋ/us/ɡəˈzʌm.pɪŋ/thepracticeofrefusingtosellahouseto someone after you haveagreedtosellit to them, andsellingitinsteadto someone whoofferstopaymore:
(房价议定后因他人出价更高而发生的)毁约During the 1980s,practiceslike gazumping gave thepropertybusinessinEnglandabadname.20世纪80年代,在房价议定后又因有人出价更高而毁约的做法给英国的房地产行业带来了坏名声。
An end to gazumping will alsohelphomebuyers.禁止房价议定后又因有人出价更高而毁约的做法也将有助于购房者。
See
gazump
- Theconveyancingwebsiteaimstocutgazumping and thestressofmovinghome.
- Would-betenantswereleftstrandedas gazumpinghittherentalmarket.
- Thebillisintendedtospeeduptransactionsandreducegazumping.
Mortgages & real estate
- blockbusting
- brick
- bricks and mortaridiom
- BTL
- buy-to-let
- chain
- equity
- first-time buyer
- householder
- letting
- planning blight
- real estate broker
- realty
- realty office
- refinance
- remortgage
- repo
- repossession
- reverse mortgage
- show home
You can also find related words, phrases, and synonyms in the topics:
Negotiating prices