House repossession

[AndyGr]

I have been trying to buy a house for some time. I have submitted an offer which was deemed acceptable by the estate agent, but was neither accepted nor rejected. A considerable amount of time has passed without response and it looks as though the house is going to be repossessed, for any number of legal reasons the vendors are going to allow this to happen. I want to ensure that I am first in line to buy the property from the lenders, but I have no way of knowing when I may be allowed to approach them or equally find out who they are? Any help or advice gratefully received.

[zmudge]

You can quite easily find out who owns the property by clicking here and following the instructions (you need only look at the Register). It is quite in order for you to write to them directly emphasising your offer and interest. You can often get ahead of the others by offering a very speedy completion.

[zmudge]

PS. I should have included that when you look at the Register you will also be able to see who has the charge - the mortgage. With a bit of punting around you should be able to locate the local office dealing with it and to send them an offer letter as well as an offer to the registered proprietors.

[AndyGr]

 

Great help - thankyou.