I purchased an apartment at auction a few years ago, it was unoccupied when I bought it, I have since sold it but am keen to replace it with a house, the apartment owner occupier experience in a MUD is not for me.
There is an online auction shortly with a house listed that I am interested in bidding for, the house appears to be occupied by a family and subject to a tenancy.
Despite the Auction date being imminent there is no legal pack available to review, no viewings are scheduled and no details of the tenancy, obviously if this is HAP related then it is likely to be a long tenancy and I would have no interest in bidding.
It is poor that the legal pack and tenancy details are not available.
Have you any experience of purchasing property through auction with sitting tenants and a tenancy in place, I can live with a lease of not more than 12 months remaining, my objective is to move in myself.
Any thoughts.
There is an online auction shortly with a house listed that I am interested in bidding for, the house appears to be occupied by a family and subject to a tenancy.
Despite the Auction date being imminent there is no legal pack available to review, no viewings are scheduled and no details of the tenancy, obviously if this is HAP related then it is likely to be a long tenancy and I would have no interest in bidding.
It is poor that the legal pack and tenancy details are not available.
Have you any experience of purchasing property through auction with sitting tenants and a tenancy in place, I can live with a lease of not more than 12 months remaining, my objective is to move in myself.
Any thoughts.