ASK199: Are repossessed properties mortgageable? PLUS: Are you sure there won't be a post-Brexit crash?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 13 August 2019
⏱️ 8 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Hi, I'm Rob, and I'm Rob, and this is Ask Rub and Rob. |
| 0:05.8 | Hello everyone and welcome to the Ask Rob and Rob show, the show where you get your questions |
| 0:12.2 | in and we get our answers out. |
| 0:14.5 | This week the format remains the same. |
| 0:16.5 | And you know what else remains the same? |
| 0:18.0 | The method of you getting in touch. |
| 0:19.8 | Oh yes, you should know it by now. |
| 0:21.2 | Just call 013, 808,00035. That's 013. Oh yes you should know it by now just call Oh 1.3808 |
| 0:23.4 | 00035 that's 1.380800035 or you can go to |
| 0:28.1 | property hub dot net slash ask whichever way you do it get your question in so you can follow in the fine |
| 0:33.8 | footsteps of Cristiano. Hi Robin Rob it's Christina here from Kinchey Central |
| 0:39.7 | in London. My question is about repossession properties. In a deal with |
| 0:45.3 | repossession is to go ahead, are they mortgageable as in like when you purchase |
| 0:51.8 | the repossession can remor mortgage the property. |
| 0:55.2 | And the second question is what would be the tactics or the best advice or things |
| 1:01.0 | to look at when you entering a deal which is a repossession deal so it'll be |
| 1:06.0 | great to know this answers and by the way thanks for the great show you've guys |
| 1:10.0 | been putting up thumbs up for you. |
| 1:12.0 | Christina good news. |
| 1:13.5 | Yes, you can get a mortgage on a repossessed property easily. |
| 1:17.5 | Normally the reason for the repossession will be because the previous owner hadn't kept up with their |
| 1:22.1 | payments. There's nothing actually wrong with the property itself. |
... |
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