Gazumping sounds like something that might happen during a board game, but in reality, it can be extremely distressing for buyers in the property market. Gazump VERB – WITH OBJECT Make a higher offer for a house than (someone whose offer has already been accepted by the seller) and thus succeed in acquiring the property. ‘the trio are fuming after they were gazumped by a property speculator’ ‘gazumping has returned, as there is a shortage … Continue reading What is Gazumping?