purchasing blacklisted property

chem14346777

original post

Further to the above post, we are a bit concerned that because the seller has probably been defaulting on a lot of debts (and a visit to the property over the weekend has revealled various court summonses in the post and final payment demands/threats/etc), that a) the property will be siezed prior to completion, or b) will be blacklisted if/when we move in.

The sellers have very much had their heads buried in the sand up to this point, and so would not be at all suprised if either of these was true.

is there anything I can do, as buyer, to ensure that things will go through OK, and how would the blacklisting of the property effect me? I'm sure things are a lot simpler these days than they were a few years ago with regards clearing the credit score of a property, but are there any considerations I need to keep in mind?

once again, I would be very grateful for your help and comments.

Jim.

rach29

I would speak to the EA & get her to talk to the vendors about what is going on. I would also speak to the solicitor & get her to talk to the vendor's solicitor to make sure that eveything is being sorted.

With regard to the property being blacklisted: It is the person who is blacklisted not the property so unless you share a surname with your vendor I cannot see this causing you any problems.

Good Luck

chem14346777

great, thanks for the links and the sound advice.

I will defiantely have to bring this up with our conveyancer, I have checked that the seller is not bankrupt, and she seems to be OK, tho I'll do a more intensive search tonight when I have more details in front of me.

Does anyone else have anything they would like to add?

Monkeybutt

Hi,

we moved into the house of a bankruptee ( sp? ) that had been repossessed and we had hardly any problems at all, no problems obtaining credit or anything. A few phone calls and visits in the first couple of months but we just kept a passport / driving licence next to the door and everybody was happy.

All letters were returned ' Not known at this address ' and we had no other problems whatsoever.

Hope this helps :-)

chem14346777

Although I totally believe you all, can anyone point me to some hard evidence (in the form of a .gov.uk website, or a numer I can call?) that declares that propreties are no longer blacklisted?

I thought this was the case, but my gf is not so easily convinced, and although I'm usually pretty good with Google, I'm having a few problems finding anything that could help reassure her.

Thanks.

NastyMatt

I am just posting to agree with Monkeybutt.

I bought a repossessed flat and have had no problem with credit what so ever.

There was a fair bit of dodgy history on my place - I used to get mail for 4 different sets of previous owners!! No joking I used to save up 20 - 30 letters a month and pop them back in the mail box "No longer at this address".

I still open the odd Christmas card and wonder who the hell is calling me Dorothy!! And this is 12 years after I have moved in

dander

I had a similar problem once when someone I used to rent my spare bedroom to moved out and then started defaulting on things. I was advised to return things 'not known at this address' and if any of the letters looked really worrying - ie. from bailiffs, I was told it was ok to open them, get the contact details of the company concerned, and call them up to explain the situation. I did that, and it worked fine.

Mine was relatively a much smaller problem than yours sounds, but it didn't cause any problems with my credit.

chem14346777

Thanks again for all the advice, guys. I did a bit of googling last night, enough to assure the gf that it would all be fine, so we've contacted the conveyancer thismorning and advised to go ahead, so fingers crossed.