In brief...: Gazundering is 'unethical'

May 9 2008

Money

More than nine out of 10 Britons would try to force down the price of a house at the last minute, despite more than half saying they thought gazundering was unethical.

Around 94 per cent of people admitted they would slash their offer for a property if they discovered extensive repairs were needed after a price had been agreed, according to money website Fool.co.uk.

But 58 per cent of people said they thought gazundering was unethical and 45 per cent even said they thought it should be made illegal.