Hi

Can anyone help by telling me where the best place to buy reposessed property is in the UK. I assume it must go to auction, or is it all dealt privately?

All the estate agents I speak to say they dont get them but there are more and more reposessions going on all the time and I dont know where to find them.

I am also thinking that auction is probably the only place to buy at the moment as despite prices coming down, most of the stuff on the market seems obviously over priced, i.e. they have not brought their prices down from last year!

Any help would be much appreciated. Ideally I am looking for a property in Hampshire or Dorset.

Thanks

Hi mad - great name.

Auctions is very likely to be where you will find the properties you are after. You should check out our monthly blog Under The Hammer (http: / /www .propertysecrets .net /blogs /under _the _hammer).

Written by our auction expert Rob Best, it highlights the best up and coming properties at auction. Generally published at the start of each month.

You should also purchase our two eBooks - Property Auction Secrets (http: / /www .propertysecrets .net /product _viewer /property _auction _secrets /6 .html) and Beat The Credit Crunch (http: / /www .propertysecrets .net /ps -auctionoffer) - for tips on how to find the properties you're after.

Good luck!

Hi madnutter,

I have found Connells and Taylors (part of Countrywide) estate agents have repossessed properties but not sure in your area. The giveaways on Rightmove are the properties with photos containing tape across the sinks, cookers, radiators, etc

If you go to the website below it has links to lots of auction details and properties going to auction

http: / /www .eigroup .co .uk/

Also, if you go to rightmove, there is the option to select auction on the right hand side

Happy hunting

Rich