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‘Gazundering’ Seen as Growing Problem for U.K. Housing Market

Automobiles sit in the streets outside rows of residential housing in this aerial photograph taken over London, U.K. Photographer: Matthew Lloyd Gazundering, where a buyer lowers their offer for a home at the last minute, is becoming a growing problem, according to a report. Some 45 percent of people surveyed think gazundering is a serious problem, up […]

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U.K’s Housing Market Feels Effects of Brexit Vote

  Brexit hit the U.K. housing market hard in June, a survey of property brokers showed on Thursday. The Royal Institute of Chartered Surveyors said that after Britons voted to leave the European Union on June 23, its members reported weakening demand, a drop in the number of homes put up for sale, and a […]