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Yorkshire says gazumping is returning

Gazumping is set to make a comeback to the UK housing market according to Yorkshire Bank.

Its quarterly house buyers survey finds a buoyant market in which one in ten people are prepared to gazump to get the home they really want.

Yorkshire, Cornwall and Devon are the hot spots for the ruthless practice. It also finds that 7 per cent are even prepared to offer over the asking price to secure the deal.

Sixty one per cent are confident that their homes will increase in value, and only 3 per cent are concerned that house prices could fall.

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