Where are the hotspots for repossessed properties in 2023?

Repossession Hotspots Title

Repossession Hotspots Title

As we know from our previous article, repossessed houses in the UK have some clear benefits such as a fast sale and the potential of high levels of savings against market value, typically up to 30%.

With experts forecasting that repossession rates in the UK will continue to rise in 2023, now is the best time to source repossessed properties via Repossessedhousesforsale.com.

(more…)

Top 5 Tips for Buying a Repossessed Property in 2023

Top 5 Tips for Buying a Repossessed Property in 2023
Top 5 Tips for Buying a Repossessed Property in 2023

Our friends at  Property Road, who have featured in The BBC, The Guardian, Forbes and more, have written a helpful guide for our members highlighting their top 5 tips for buying a repossessed property in 2023.

As many people know, property prices in the UK have shot up over recent years. While there is often talk of prices stabilising or coming down, for many people, the average cost of a home is still way too high, relative to their income.

(more…)

Is it a good idea to buy a repossessed house?

Is it a good idea to buy a repossessed house?

 

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 risks and be careful and considered when making an offer.

(more…)

UK property investors set to further invest in 2023

Blog post Invest

Over 50% of property investors are set to further invest in 2023 despite the uncertainty surrounding the UK economy climate, with additional investment activity planned by more experienced investors, according to the latest survey from bridging finance broker, Finbri.

(more…)