Response to Repossession Lists

As has been pointed out many times on this Q&A board, people who ask for details of repossessed properties are usually expecting to pick them up for less than the current market value. This however would mean that (a) you are expecting lenders to act unlawfully in failing to achieve best market price for repossessed properties (see Skipton vs Stott); and (b) you are happily participating in a process which causes mortage shortfall and thereby places unbearable stresses on some of the most vulnerable people in society. This web site exsist to help such vulnerable people; it does not aim to help individuals profit at their expense. However, should you find evidence that any lender or estate agent is selling off repossessed properties rather cheaply, then we would of course very much like to hear from you. By the way, cool email address.

[ Previous | Next ]