I don’t know if the word executive defines what I mean but I mean a property which is sold by debt collection office when someone can’t pay his debts. For example if he has a house or car the government sells them. What is it called in the first place? And how can I find those kind of properties in UK? And can I buy as a non-uk citizen?
8 comments
You look at property auctions.
There is no such thing as the debt collection office or executive Houses.
Yes you can buy a home at an auction.
Repossession.
It sounds slightly morbid to specifically search for properties and belongings formerly belonging to someone who has succumbed to financial trouble…
It’s a repossession and sold as auction.
I think the op is referring to a treasury term, (I want to say brocante, but I know that term is wrong). Those houses are sold through local property auctions in the area of the house being sold.
“fox and sons” sell a lot of them , unfortunately they are lieing cunts and horrible to deal with
I thought all new build flats/homes were ‘executive’. Sorry.
Property auctions.
Though if you’re doing this because you think you’ll get a cheaper property, you’re going to be disappointed. You’re going to go up against B2L landlords a lot of the time.