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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SFR: Customer Data Breach, Including Bank Details




The operator SFR has experienced a customer data breach, including IBANs, the group confirmed on Friday to AFP after letters addressed to subscribers were circulated.

"On September 3rd, SFR detected a security incident involving a customer order management tool," the operator stated in a standard letter reviewed by AFP, which was sent to the affected customers.

According to the letters, the accessible data included "first and last names, contact details provided at the time of the order (phone number, email, postal address, and delivery address if applicable), contract data (subscribed offer, order contents), as well as the device and SIM card identification numbers (for mobile device orders)."

For a portion of the customers, though SFR did not disclose the proportion, the data breach also included IBANs.

When questioned, the group did not specify the total number of affected customers but confirmed that both regular subscribers and "Red by SFR" subscribers were impacted.

SFR announced that it had filed a complaint with the Public Prosecutor and notified the French Data Protection Authority (CNIL) of this data breach, a mandatory measure since 2018.



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