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Gazanging

Gazanging, a term that was coined by In-Deed, is when sellers decide to remain in their property and leave their buyer 'hanging'. Although it's not a new phenomenon, it becomes increasingly common in an uncertain housing market and poor consumer confidence. For example, for the first six months of 2011 an estimated 54,000 buyers were gazanged as an increasing number of sellers got cold feet. 

In-Deed offers 'No Completion, No Fee' protection on their fixed-fee quotes for a standard conveyancing transaction, which protects you from losing money in the event of these kind of situations. Want to know more? Call our waiting team of advisers on 0800 038 6886

For more information, read our article: Potential Pitfalls: Gazumping, Gazundering and Gazanging


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