Plans to end gazumping with binding agreements in house sales shake-up

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Plans to end gazumping with binding agreements in house sales shake-up 1 day ago Share Save Add as preferred on Google Rachel Clun, Business reporter and Kevin Peachey, Cost of living correspondent Getty Images Home buyers and sellers can expect an end to "gazumping" in a major shake-up aimed at speeding up housing sales. Legally binding sales agreements will be introduced earlier to stop buyers or sellers walking away at a late stage in the process without a legitimate reason. In England and Wales, buyers can currently be outbid at a late stage of the sale and chains can fall apart months into the process, causing huge frustration for buyers as well as being expensive. Previous attempts to improve the system have had limited success and few of the latest proposed changes will happen immediately. The planned reforms, first announced in October last year , will be introduced at the end of this Parliament in 2029. The changes include home buyers receiving more information abou...
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Gastech Houston 2024



The World Energy Conference "Gastech" 2024 is being held in Houston, USA, until September 20. "Gastech" is one of the largest global events dedicated to issues related to natural gas, liquefied natural gas, hydrogen, climate technologies, artificial intelligence, the energy industry, and low-carbon solutions.

The event gathers more than 50,000 participants from 125 countries, highlighting that this global event brings together leading international players in the energy sector, as well as global entrepreneurs and innovators.

The focus of the event is on the urgent need for rapid energy transitions, developing strategies, and adopting climate technologies to provide safe and sustainable energy. Additionally, decisive actions are being encouraged to accelerate a shared global vision for the energy sector.




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