News dot2left cropped500pxt
  • MYFC 005
  • Torch-2012-05-23 093-
  • Landscape
  • D812668
  • Xmas-Lights-2011-11-24 10
  • Camilla-2012-10-19 152
  • TdB-Pewsey 044
  • Sunset2
  • Silbury-Sunset---10-06-08-----07-2
  • IMG 8472-2
  • Christmas-Lights 15-11-20 097
  • D4S9273
  • Town-Hall-2011-05-03 08-2
  • Hares 017cropped
  • ARK Manton -2012-01-14 49-
  • Marlborough-2013-04-18 St Peters-2
  • Jazz Fest Sat 572
  • Duke-of-Kent 086
  • Civic Selfie1
  • IMG 9097-2
  • D4S0472
  • Big-Bull
  • Bluebells-in-West-Woods-10-05-09------30
  • Mop-Fair---10-10-09------08
  • 4MI-2013-11-28 030

 

This email address is being protected from spambots. You need JavaScript enabled to view it.

Gazumping makes an unwelcome return to Marlborough’s property market

Edward Hall of Smiths GoreEdward Hall of Smiths Gore

Gazumping is making an unwelcome to return to the Marlborough property market according to  estate agent Edward Hall.

Mr Hall, of Smiths Gore, says the practise - when a seller accepts an oral offer of the asking price from one potential buyer, but then accepts a higher offer from someone else – is returning due to the scarcity of popular properties.

“Gazumping is making a reappearance as the scarcity of popular properties means good ones outstrip expectations, but others are sticking on the market, often because vendors believe London-based hype,” said Mr Hall.

Meanwhile, the 10 percent property price increases recorded in London have yet to spread to Wiltshire, where a more modest annual rise of two-and-a-half percent is reported.

“ The heady headlines of national average house prices are miles away from the reality – about 77 miles from the London reality, actually” said Mr Hall.

Print Email

  • Bluebells-in-West-Woods-10-05-09------30
  • Jazz Fest Sat 572
  • Silbury-Sunset---10-06-08-----07-2
  • ARK Manton -2012-01-14 49-
  • Christmas-Lights 15-11-20 097
  • Mop-Fair---10-10-09------08
  • MYFC 005
  • Hares 017cropped
  • Torch-2012-05-23 093-
  • Big-Bull
  • Xmas-Lights-2011-11-24 10
  • IMG 9097-2
  • Marlborough-2013-04-18 St Peters-2
  • TdB-Pewsey 044
  • Town-Hall-2011-05-03 08-2
  • 4MI-2013-11-28 030
  • D4S9273
  • Civic Selfie1
  • D4S0472
  • Landscape
  • Duke-of-Kent 086
  • IMG 8472-2
  • Sunset2
  • D812668
  • Camilla-2012-10-19 152