BLB Solicitors
  • +01225 755656
  • enquiries@blbsolicitors.co.uk
BLB Solicitors
  • +01225 755656
  • enquiries@blbsolicitors.co.uk
  • Home
  • Services for You
    • Conveyancing Solicitors
    • Leasehold Solicitors
    • Property Dispute Solicitors
    • Divorce, Family Law and Mediation
    • Lifetime Planning and Wills
    • Probate and Estate Administration
    • Equity Release Solicitors
    • Retirement Property Conveyancing
    • Personal Injury Compensation
    • Medical Negligence Solicitors
  • Services for Business
    • Commercial Property
    • Agricultural Lawyers
    • Legal Services for Business
    • Commercial Property Disputes
    • Estate Management Solicitors
  • BLB Solicitors Locations
    • Almondsbury Solicitors
    • Bath Solicitors
    • Bristol Solicitors
    • Bradford on Avon Solicitors
    • Swindon Solicitors
    • Trowbridge Solicitors
  • About Us
    • Our Team
    • Working for BLB
    • BLB Solicitors – How we work
    • Making Payments to BLB Solicitors
    • Instructing BLB Solicitors
    • Terms of Business
    • Complaints Policy
    • Interest Policy
  • Blog
  • Contact Us

Home » Is gazumping illegal?

Conveyancing
Wooden blocks spelling GAZUMP
Jun 24th, 2025

At BLB Solicitors, our goal is simple – to deliver you clear, practical legal advice and cost-effective solutions. We hope you enjoy exploring our Blog. If you can’t find what you’re looking for, please do contact us.

Is gazumping illegal?

Kayleigh CurtisOccasionally, buyers are gazumped while buying their dream home. But is gazumping illegal?  Residential property specialist Kayleigh Curtis examines this unfortunate practice and explains how to reduce the chances of it happening to you.

Contact our conveyancing team on 01793 615011, or complete the Contact Form below.

Is gazumping illegal?

You’ve made an offer on your dream home. The agent calls and confirms the seller’s acceptance. The nervous tension evaporates, and it’s time to celebrate. However, as some people discover, that call does not mean you are home and dry. Unfortunately, you remain exposed to the dreaded practice of gazumping until exchange of contacts. But is gazumping illegal?

What is gazumping?

Gazumping occurs when your seller accepts an offer from someone else on the property you are buying. Weeks or months into the process, you find yourself back at square one in your search for a new home. In addition to the disappointment and frustration, it is likely that considerable time and money have been wasted. With the shortage of properties on the market, gazumping is particularly prevalent.

In most cases, gazumping occurs because the new offer received is higher than yours. However, it may also happen if the seller believes you are taking too long and that the new buyer is better positioned to proceed quickly.

In 2019, Market Financial Solutions (MFS) published the results of research on gazumping. Here are their key findings.

Summary of research on gazumping

A recent survey of 1,000 aspirational homeowners found that the risk of guzumping deterred 14% of them.

Gazumping and gazundering

Do not confuse gazumping and gazundering. Gazundering is where a buyer reduces their offer before exchange of contracts.

Is gazumping illegal?

While many believe it’s morally wrong, gazumping is not illegal. The agreement between you and your seller is not legally binding until exchange of contracts. That’s why estate agents use the term ‘Sold STC’ – subject to contract.

Buyers sometimes offer an inducement for the seller to agree to remove the listing. However, this only decreases the likelihood of another buyer becoming aware of the property; it does not prevent gazumping.

How to reduce the chance of being gazumped

Steps reducing the prospect of gazumping include:

  • Be prepared to move quickly. Before making an offer, ensure that you have a mortgage agreement in principle and that you have instructed your solicitor. Once the conveyancing process is underway, respond promptly to all requests for information and documents.
  • Ask the seller to remove the property listing. This is one of the best ways to prevent gazumping, although sellers are often reluctant unless you make it advantageous for them.
  • Get to know your sellers and keep them regularly informed. A seller who sees that you are serious, that you love their property, and are doing everything possible to move the process along is less likely to abandon you in favour of someone else.
  • Discuss a ‘lock out agreement’. This contract establishes that the buyer has the exclusive right to purchase for a specific period. There will be a modest cost associated with drafting the agreement. However, it may well appeal to a seller seeking reassurance that you are in a position to proceed swiftly.

Home Buyer’s Protection Insurance

Taking out Home Buyer’s Protection Insurance does not prevent gazumping. However, it does mean recouping at least some of your financial outlay if it does happen.

Will gazumping be banned?

A preferred solution centres on making the house purchase legally binding at an earlier stage, possibly immediately upon the acceptance of an offer. Withdrawing before exchange of contracts would result in covering the other party’s costs.

There have been calls in some quarters for a system akin to that which operates in Scotland. There, the deal is binding on exchange of missives (a series of contractual letters). This prevents both gazumping and gazundering. However, this system is not universally popular in Scotland. This is because the onus is upon the purchaser to conduct all necessary checks prior to making an offer.

Others are pushing a system similar to that in France, where there is a 10-day cooling-off period following the acceptance of an offer.

Estate Agents Gazumping Policy

While we all hope the estate agent will act honourably, it’s a sad fact that a minority encourage gazumping. If they work on a percentage basis, the higher the sale price, the greater their commission. However, remember that the seller is their client, not the buyer. Therefore, they must achieve the highest price and present all offers to the seller.

Kayleigh Curtis
Request a Call Back

Recent Articles

  • What are conveyancing disbursements?
  • Why sellers should instruct a conveyancing solicitor early
  • Questions to ask when viewing a house
  • Is buying ‘off plan’ a good plan?
  • What to expect of the property market in the second half of 2025

Newsletter Sign-up

* indicates required

Share this article

You may also like...
  • Apr 29th, 2025
    House insurance on exchange of contracts
    Read Article
  • May 13th, 2025
    Is buying ‘off plan’ a good plan?
    Read Article
View All Related Articles
Get in-touch today
Contact Form

Left Column

Right Column

Centre

 
Sending
  • Bristol Solicitors

    0117 905 5308
  • Bath Solicitors

    01225 462871
  • Bradford on Avon Solicitors

    01225 866541
  • Swindon Solicitors

    01793 615011
  • Trowbridge Solicitors

    01225 755656
  • Almondsbury Solicitors

    0117 905 5308
Authorised & Regulated by Solicitors Regulation Authority (No. 636644)
©2025 BLB Solicitors | Terms | Privacy | Legal