Return to gazumping for housing market

Yorkshire Bank reckons the practice of gazumping is set to make a more prominent return to the UK housing market with further house price rises expected and public confidence 'bubbling over'. The assertion is based on the group's latest quarterly Housebuyers' Survey which shows one in 10 housebuyers are prepared to resort to gazumping to get the house they want. Although London and the South East are widely considered as the UK's property hotbed it is actually in Yorkshire, Devon and Cornwall that the problem of gazumping is most likely to be encountered. Housebuyers p...