Repossessed

My home was repossessed before lockdown – can I stop my bank selling at a knock down price?

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A friend of mine had their house repossessed in late February, just before the lockdown began. With the assistance that is currently being offered such as mortgage holidays and protection from repossession until the end of October, is there any protection for those currently being repossessed?  Can their lender sell the house at a reduced … Read more

Repossessed homes are on the rise and can be a great way to bag a deal

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One man’s misery is another man’s opportunity to bag a bargain. And, as the number of properties repossessed by mortgage lenders rises, savvy buyers are snapping up unbeatable deals. The latest figures from UK Finance, the banking trade body, reveals that the number of homeowner properties taken into possession in the final quarter of last … Read more