House-hunters 'gazanged'

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The Independent Online

House-hunters are facing the prospect of being "gazanged" in a growing trend of owners' opting to stay put at the last minute.

Research by property legal website In-Deed suggests one in four sales this year failed because of this.

It coined the word gazanging, based on gazumped – being beaten on price after a sale is agreed – to describe buyers' being left "hanging".