Tuesday, 14. July 2020

PROPERTY
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A B C D E F G H I L M N O P R S T U V W Y All?

G

Gazumping
This term is often misunderstood. This only occurs when a seller accepts a higher offer from a third party on a property that exceeds the initial asking price. This can only occur when a sale has been agreed prior to legal exchange of contracts.


Gazundering
This is when a buyer decides to make the seller a lower offer just before contracts are due to be exchanged.
Getting a mortgage in Austria
Contact us directly if you need a mortgage in Austria and we will put you in touch with the right people.
Ground Rent
An annual charge that is made by the freeholder to the lease holder payable every year.
Guarantor
A third party who undertakes tho ensure mortgage payments are maintained, who will also promise to pay the borrowers debit if the borrower defaults.
 

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