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Gazumping
This is when a seller accepts a higher offer from a third
party on a property that they have agreed to sell to someone
else, but have not yet exchanged contracts.
Gazundering
When a buyer offers the seller a lower offer just before
contracts are about to be exchanged.
Ground
rent
The annual charge levied by the freeholder to the leaseholder.
Guarantor
The lender may sometimes require a borrower to appoint
a guarantor. This is someone who promises to pay the borrowers
debt if the borrower defaults. |
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