GAZUMPING
gazumping (g<<schwa>>-z<<schwa>>mp-ing).BrE Slang. The improper sale of a house, usu.
by raising the price after accepting an offer. • Gazumping can take different forms, the usual one
being when a seller raises the price after accepting the buyer’s offer. But it may also occur when a
competing buyer makes a higher bid than the one already accepted, thus encouraging the seller to
back out of the earlier contract. [Blacks Law 8th]