Broken deals, costly delays and ‘gazumping’: Welcome to the UK’s ruthless housing market – CBC.ca

“We wanted more space, we wanted a family and it wasn’t going to happen in a one-bed flat like that,” said Morimoto.

“Every time I talked to my friends in Ontario they were stunned,” said Morimoto, 34, who has lived in the U.K.

An accepted offer isn’t binding in any way, so either party can pull out at any time while inspections are completed, property searches done, surveys and appraisals booked and financing secured.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses.

…Read the full story