Actually due to recent case law (Skipton Building Society -v- Stott) lenders MUST ENSURE that repossessed properties are marketed by Estate Agents in the same way that they market other properties.(posted 8547 days ago)Therefore in your search for a bargain Lubna you could do all repossession shortfall victims a favour. If you are informed during any future enquiries regarding an property, by an estate agent, that they are selling it below market value as it has been subject to repossession, then please let us know.
Thanks,