when a seller pulls out of a house sale at the very last minute
Gazanging is something that’s on the up. The seller accepts an offer, but then decides to pull out and stay put, leaving a very unhappy buyer and a broken property chain.
Submitted from: United Kingdom on 19/09/2011
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The rather bizarre sounding word gazanging was coined in 2011 by legal services website In-Deed. The expression seems to have taken inspiration from a combination of the word gazumping and the idea of an unfortunate buyer being ”left hanging”.