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Moral implications of gazumping

31 replies

sweetbabyangel · 16/11/2025 10:20

My partner and I had an offer rejected on a house we’d fallen in love with, because the vendor had received an offer from another buyer who was proceedable (whereas we were still waiting for a buyer). Totally understandable. However, just a few days later, we received an offer on our flat and, seeing that our dream house was still listed on all the property sites, emailed the agent as a long shot, letting them know that we were now proceedable and offering our best price (significantly over asking price) just in case the property was in fact still on the market. I spoke to my friend about it, expecting her to share in my excitement, but she was horrified by what we’d done. I’d never heard of gazumping before, but she explained how immoral it is, and it left me feeling awful. To be honest, I think my partner and I were so wrapped up in the excitement of the whole process that we didn’t really consider the moral implications of potentially screwing over someone else who’d already had their offer accepted on the property we loved. Now that we think about it, we feel really shitty. I think we also felt like, as the property was still online and listed for sale, it was still fair game and any moral considerations were more on the part of the vendor than on us as buyers with no real knowledge of what had been agreed between the vendor and other potential buyers. Does anyone have any thoughts on this, how common this kind of thing is, and how guilty we should be feeling over it? My partner suggested we should maybe retract the offer but surely that would cause even more potential upset and frustration? Thanks in advance!

OP posts:
sweetbabyangel · 16/11/2025 18:31

Mydogsmellslikewee · 16/11/2025 12:39

Come on, you can’t go through life hand wringing about everything.

You didn’t kick a granny. You offered someone more money for something they were selling and they took it.

You get one life and you really have to do what’s best for yourself.

😂 some good granny-based perspective there! Thank you!

OP posts:
sweetbabyangel · 16/11/2025 18:34

Gingka · 16/11/2025 14:11

What if another buyer shows up in a week offering more than you? Once your offer is accepted, get them to SSTC on the portals and stop all viewings or this could potentially be happening to you next. It’s all up to the seller to be honest, up to them to lock the sale ASAP vs keeping the doors open (literally) to other buyers. At times it’s just estate agents not communicating properly leaving everyone guessing for a while.

Good advice. Thank you!

OP posts:
Gillbertine · 16/11/2025 18:43

It happened to us when we offered on a house and then a cash buyer came in and offered way over. We went on to buy a better house actually and I laughed when I saw that sale fall through and they ended up accepting 5 grand less 🤣🤣

BadgernTheGarden · 16/11/2025 18:49

Gazumping is not immoral it is just giving the seller the best possible price, so you are doing them a favour and the person who didn't offer enough can always gazump you. It was rife years ago when prices were rising by the day, annoying but that's market pricing. Until it's sold it's not sold. We had some really nervous days trying to buy back then.

CautiousLurker2 · 16/11/2025 18:52

sweetbabyangel · 16/11/2025 10:20

My partner and I had an offer rejected on a house we’d fallen in love with, because the vendor had received an offer from another buyer who was proceedable (whereas we were still waiting for a buyer). Totally understandable. However, just a few days later, we received an offer on our flat and, seeing that our dream house was still listed on all the property sites, emailed the agent as a long shot, letting them know that we were now proceedable and offering our best price (significantly over asking price) just in case the property was in fact still on the market. I spoke to my friend about it, expecting her to share in my excitement, but she was horrified by what we’d done. I’d never heard of gazumping before, but she explained how immoral it is, and it left me feeling awful. To be honest, I think my partner and I were so wrapped up in the excitement of the whole process that we didn’t really consider the moral implications of potentially screwing over someone else who’d already had their offer accepted on the property we loved. Now that we think about it, we feel really shitty. I think we also felt like, as the property was still online and listed for sale, it was still fair game and any moral considerations were more on the part of the vendor than on us as buyers with no real knowledge of what had been agreed between the vendor and other potential buyers. Does anyone have any thoughts on this, how common this kind of thing is, and how guilty we should be feeling over it? My partner suggested we should maybe retract the offer but surely that would cause even more potential upset and frustration? Thanks in advance!

In the process of buying in England ourselves - the EA is very clear: while a property is listed as available it is open to offers. So, even though the property you are interested in has ‘accepted’ an offer from an apparently proceed-able purchaser, until it has passed compliance checks (proof of ID, proof of monies etc have been verified) it is open to offers. Our offer has been accepted in principle, but the property won’t be listed as sold STC until all the verification has gone through.

You should absolutely not feel guilty. It’s not as if you went around and posted an offer through the door the day before they were due to exchange.

BadgernTheGarden · 16/11/2025 18:56

sweetbabyangel · 16/11/2025 18:34

Good advice. Thank you!

SSTC is just that if someone else wants it nothing to stop them making a better offer. Until it's sold it's not sold. That is the way the system works in this country whether you like it or not. Similarly buyers may suddenly look for a price reduction, just because they think the seller is now totally committed and will just accept a bit less rather than go back on the market.

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