Property bought at aution and lost £20.000?
is there anything we can do? bought a house at auction with sitting tenant, unbeknown to us. Now have lost out £20.000 deposit. Can you help please, are now homeless.
Answers:
IF THE SELLER MISS-REPRESENTED THE PROPERTY AND GAVE THE IMPRESSION THAT THE HOUSE HAD VACANT POSSESSION you have a case against him/her for fraud and obtaining money under false pretences EVEN IF THERE IS A TENANT IN THE HOUSE you can still demand a fair rental from them and this would be enough to pay the mortgage in the long run this could be a good investment.
Speak to a lawyer ASAP.
Call the "bar association" for the lawyers hotline number fast!
yes the sale was done under false pretence
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Answers:
IF THE SELLER MISS-REPRESENTED THE PROPERTY AND GAVE THE IMPRESSION THAT THE HOUSE HAD VACANT POSSESSION you have a case against him/her for fraud and obtaining money under false pretences EVEN IF THERE IS A TENANT IN THE HOUSE you can still demand a fair rental from them and this would be enough to pay the mortgage in the long run this could be a good investment.
Speak to a lawyer ASAP.
Call the "bar association" for the lawyers hotline number fast!
yes the sale was done under false pretence
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