GAZEAL FAQs

A little more clarity.

Your questions about Gazeal, answered.

General

Gazeal agreements

Deposit Agreements

Upfront Seller Surveys

Gazeal Advance

Gazeal Elite

Gazumping

General guidance for England and Wales. Your conveyancer can advise on your circumstances and any agreement you have signed.

HomeOwners Alliance guide to gazumping

Gazundering

General guidance for England and Wales. Your conveyancer can advise on your circumstances and any agreement you have signed.

HomeOwners Alliance guide to gazundering

Still have a question?

info@gazeal.co.uk

General

Who are Gazeal?

How does Gazeal help with a home move?

Who does Gazeal work with?

Gazeal agreements

What is a Gazeal agreement?

How is a Gazeal agreement different to exchange?

How much is the compensation payment?

Who arranges the compensation payment?

If the holding fee is small, why would the buyer be committed?

What if the buyer needs to withdraw after a survey?

When can the seller withdraw without penalty?

What timescales can we agree?

What happens if there is a delay?

Does the buyer have to prove an issue?

What happens if the timescales are not met?

What happens if there is a problem during the reservation period?

Can I use a Gazeal agreement if I am in a chain?

What happens when an agreement pauses?

How can I find out more without obligation?

Deposit Agreements

What is a Deposit Agreement?

How does a Deposit Agreement protect the seller?

How does a Deposit Agreement protect the buyer?

Upfront Seller Surveys

Who pays for the upfront survey?

Does it cost me anything as an agent to offer Gazeal Surveys?

When is the survey carried out?

Will offering a survey slow my listing down?

What type of survey is it?

Can buyers rely on the report?

Does the buyer still need their own survey or mortgage valuation?

How do I introduce Gazeal Surveys to win the instruction?

Is Gazeal Surveys available for all my listings?

Gazeal Advance

What is Gazeal Advance?

How quickly can I receive my commission?

Do I have to withdraw my full commission?

What if I take an advance and the sale falls through?

Is there a cost to use Gazeal Advance?

How do I apply if I am not yet a Gazeal agent?

Gazeal Elite

What is Gazeal Elite?

How is Gazeal Elite different from standard Gazeal?

What if I have taken an Elite commission advance and the sale falls through?

How does commission advance work on Elite?

What commitment levels are available on Elite?

Can I still use standard Gazeal for listings under £700,000?

Gazumping

What is gazumping when buying a house?

Is gazumping legal in England and Wales?

Can I be gazumped if a property is sold subject to contract (SSTC)?

Why does gazumping happen after an offer is accepted?

How can I reduce the risk of being gazumped?

Does taking a property off the market stop gazumping?

Must an estate agent pass on a higher offer after mine is accepted?

What if the estate agent says another buyer has offered more?

What should I do if I have been gazumped?

Can I recover survey and solicitor fees if I am gazumped?

Does home buyers protection insurance cover gazumping?

What is a lock-out or exclusivity agreement?

Can I be gazumped after exchange of contracts?

How does a Gazeal agreement protect against gazumping?

Gazundering

What is gazundering when selling a house?

What is the difference between gazumping and gazundering?

Is gazundering legal in England and Wales?

Why do buyers reduce their offer before exchange?

Is reducing an offer after a bad survey always gazundering?

What if the mortgage valuation is lower than the agreed price?

What should I do if my buyer lowers their offer at the last minute?

Do I have to accept a lower offer from my buyer?

How can I reduce the risk of gazundering?

Is a chain-free or cash buyer less likely to gazunder?

Can an upfront seller survey help prevent last-minute price reductions?

How can my estate agent help if I am being gazundered?

Does home sellers protection insurance cover gazundering?

How does Gazeal protect against gazundering without preventing fair price changes?

Still have a question?