G

Gazumping

This is when a seller accepts a higher offer from a third party on a property that they have agreed to sell to someone else, but have not yet exchanged contracts.

Gazundering

When a buyer offers the seller a lower offer just before contracts are about to be exchanged.

Ground rent

The annual charge levied by the freeholder to the leaseholder.

Guarantor

The lender may sometimes require a borrower to appoint a guarantor. This is someone who promises to pay the borrowers debt if the borrower defaults.