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Showing results for tags 'reposession'.
Hi Guys, I’m just in the process of purchasing my first property, it is a repossessed 2 bedroom flat so is in need of modernisation. I would say the flat needs a full refurb which would include a new kitchen, bathroom, redecorating, flooring and a new boiler. The surveyor said the electrics and plumbing seem to be fine but may need changing in the near future, so I was thinking to get this down whilst I’m changing everything else. I just wanted to know how much would something like this cost to be done at a good level. In my head I’ve budgeted for about £20k - £25k. Would be gre
Hi all, There are 2 vacant houses, side by side, round the corner from where I'm living. I spoke to the next door neighbour, who told me the place had been empty for 30 years!! The front garden is totally overgrown and forest-like, being an eyesore around neighbouring houses which are lovely. Apparently there have been various people that have tried to buy them over the years and failed. I spoke to the Council today who told me they have tried to sue and serve notices to the owner and also try and buy them - but the owner is in his 90's and doesn't seem in the least interested in th
I would like to buy a repossession flat to live in. I am having trouble figuring out how much to put in an offer for. Here's the background information, my husband and I want to buy a flat to live in. It was put on the market at the beginning of the year, then pulled from the market because they weren't sure if it was mortgagable, and it has now gone back on the market again and has been for a few weeks now. It was previously on the market for 400k and it's again on the market for 400k. Someone else, previous to the flat being pulled from the market, put in an offer of 408k. I put