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repossessed houses

As anyone bought a previously repossessed house? Is there anything that I should look out for?

Comments

  • sujester
    sujester Posts: 73 Forumite
    Part of the Furniture Combo Breaker
    I did. The problems are practical ones - there are no answers for the usual questions you would ask when buy a house and you don't get any receipts or guarantees for any work that's been done. Usually the services will have been turned off so you can't check them. When we moved in and turned the electric on the alarm went off (and off course we didn't have the code). also had to get a skip for all the rubbish which had been left in the garage.
  • Sometimes disgruntled previous occupiers will loosen all the waste joints/ traps so the first time you use the sink or washbasin water pours onto the floor. Check these once you get the keys.

    Its probably best to change the locks asap.

    Everything else is normally dealt with by your solicitor.
    * there may be a whole list of special conditions that you will have to comply with regarding service charges, oustanding debts, paying the sellers costs etc etc
    * there is likely to be NO guarantees for double glazing etc
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    we bought a repo - as above, all our radiators were disconnected and the electrics were 'questionable' - fusebox full of tin foil!! - look around carefully and assume NOTHING! - other than that, nothing to worry about!!! :D
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