Good news for property buyers as Government may ban ‘gazumping’ 

The practice of ‘gazumping’ could be banned by the government after discussions were held on whether to bring forward the point at which house sales become legal, in line with Scotland. The move could prevent many property sales falling through, with 18% or around 200,000 transactions collapsing on average each year. A major reason for this is buyers outbidding others who have already had an offer accepted, known as gazumping.