{"id":54935,"date":"2026-06-19T19:17:39","date_gmt":"2026-06-19T19:17:39","guid":{"rendered":"https:\/\/news.godj.com\/news\/plans-to-end-gazumping-with-binding-agreements-in-house-sale-reforms\/"},"modified":"2026-06-19T19:17:39","modified_gmt":"2026-06-19T19:17:39","slug":"plans-to-end-gazumping-with-binding-agreements-in-house-sale-reforms","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/plans-to-end-gazumping-with-binding-agreements-in-house-sale-reforms\/","title":{"rendered":"Plans to end gazumping with binding agreements in house sale reforms"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"Paragraph-styles__ParagraphStyled-sc-ffb5f5ba-0 fqhmpl\">In Scotland, formally accepted offers are already legally binding, and sellers must provide home surveys to prospective buyers. Once the buyer&#8217;s and seller&#8217;s solicitors have exchanged letters, known as missives, if a party withdraws from the sale they are liable for financial losses to the other party.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/c6216g52p8wo?at_medium=RSS&#038;at_campaign=rss\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Scotland, formally accepted offers are already legally binding, and sellers must provide home surveys to prospective buyers. Once the buyer&#8217;s and seller&#8217;s solicitors have exchanged letters, known as missives, if a party withdraws from the sale they are liable for financial losses to the other party. Source link<\/p>\n","protected":false},"author":1,"featured_media":54936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[15642,9621,15641,697,121,2977,2204],"class_list":["post-54935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-agreements","tag-binding","tag-gazumping","tag-house","tag-plans","tag-reforms","tag-sale"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/54935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=54935"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/54935\/revisions"}],"predecessor-version":[{"id":54937,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/54935\/revisions\/54937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/54936"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=54935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=54935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=54935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}