Repossession

 

When you leave the property you must bear in mind that it will be sold on and therefore no matter how tempting it might be to take out frustrations and anger on the property, any damage caused will be classed as criminal and the cost of repairs will be taken from sale proceeds. If repairs are not done then it may impact the price of the house when sold.

 

The house will probably initially be sold via an estate agent but may end up at auction where the value will be substantially less than that realised on the open market. Because of this, you need the property to be in the best condition you can.

 

• Make sure it is thoroughly clean inside and out
• Remove all rubbish
• Ensure you have emptied all rooms, loft space, sheds, garages and other outbuildings
• Ensure you leave the garden tidy
• Take photographs of the condition of the property when you leave it, with a date stamp from your camera or some other way to provide witness to the condition at that time.

 

NEXT: After repossesion

 

Getting Help:

Contact us to help you find a professional advisor.

 

Additional Reading:

Debt Solutions

Selling your home quickly