§ Mr. Andrew TurnerTo ask the Secretary of State for Transport, Local Government and the Regions what proposals he has to prevent gazumping and gazundering by house buyers and sellers. [7207]
§ Ms KeebleAs set out in our manifesto, we will make it easier for people buying and selling homes through a seller's pack. This will provide at the very start of the process information needed to enable home buyers and sellers to make informed decisions, and assist transactions to proceed smoothly. The seller's pack will reduce significantly the period between offer acceptance and exchange of contracts, thereby narrowing the window during which gazumping, gazundering and other problems can occur.