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tracing a possession order

I have seen a property that looks in a bad state of repair. On speaking to the neighbours I understand that the previous owners are facing repossession. I have left a note for the owners, but there has been no reply.

Actually, I get the feeling that they have left the property, although this could be temporary.

At the moment, all I have is the input of one neighbour and no forwarding address.

How can I go about finding out whether the owners are facing repossession? Is there a court list with possession orders or other publication? Do I have to go to the local court to find out more on the possession order?

Can someone be generous enough to PM on how I can go about piecing together the information I need?

I am interested in making an offer direct to the owners.

Comments

  • GDB2222
    GDB2222 Posts: 26,049 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    A good start would be the Land Registry web site where you can get details of the owners and the mortgagees.

    I'll PM you to look at this reply, but it is usual to put some on the open oard in case it benefits other people.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • dboswell
    dboswell Posts: 309 Forumite
    thanks. have you ever approached the lender in a potential repo possession and entertain an offer? I guess different lenders adopt different policies. I spoke to a local agent regarding repossession and he seemed to say that once lender gets involved it usually goes to an estate agent or auction.

    anyway, I will keep working at it.

    ps I know some ppl are a bit guarded about revealing too much in open forum hence PM.
  • GDB2222
    GDB2222 Posts: 26,049 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I have never approached a lender direct in this situation. Until they have possession, there is not much they can do, anyway. Once they have possession, they have their set routines - usually a couple of independent valuations and so on. Still, it might be worth an approach. On the whole, professional valuations of run-down property seem to be a bit pessimistic IMHO, so you might still get it at a knock-down price from the mortgagees once they have possession.

    Trouble is that mortgagees don't want to be accused of selling the borrower down the river, so they want the property advertised properly and so on.
    No reliance should be placed on the above! Absolutely none, do you hear?
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