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Property with 'proceeds of crime' charge on title deeds

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  • mlz1413
    mlz1413 Posts: 3,217
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    https://forums.moneysavingexpert.com/discussion/comment/82099301#Comment_82099301

    This can happen anywhere. I had something similar about 8 years ago due to drug dealer giving out wrong address!

    He moved into Foster Street but that was off Foster Road and he kept telling people the wrong street name.

    1st caller was 3am and he was shouting through the letterbox for Rioch, that was an odd discussion through the front door glass!

    Next few were in the day time and then drug dealer finally got his address right or was moved on so we weren't bothered again, took about a month. But I found that those visiting at night didn't like it when I turned on the outside light so they were fully illuminated.

    I think I'd be happy to get a house for £70k under market value if it's just telling people the old owner is in prison. But is the house actually OK or was it used to grow drugs? Is it structurally sound? Can you look round it?

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