Frequently Asked Questions

  As each property is unique and each situation can be different, there isn’t a definitive answer when trying to answer the question “how much should I offer on a repossessed property?”. However, using historical data and trends, we can guide you on the steps you need to take to determine your offer price.

  There are many stages and factors to consider in the process of buying a repossessed house in the UK. Here, we’ll outline the process from start to finish whilst detailing how long it takes for a repossessed house to be sold.

    As lenders are primarily motivated to regain monies owed to them, repossessed houses can be picked up significantly below market value, making them a good idea for many buyers to pick up a bargain. However, repossessions do come with potential risks, so it is essential to educate yourself on how to overcome these […]

  In this article, you’ll find the most common ways in how to buy a repossessed house in the UK. We’ll provide guides and tips for investors in order for you to be able to buy repossessed properties safely and securely.

  In the below we’ll look at how many mortgage repossessions there were in 2022. Using the latest government data, we’ll summarise the key highlights and changes from previous periods.