Buying A Repossession - Changing The Locks And Resetting The Alarm

The problem with buying a repossession is that generally the tenants will know they are due for eviction.  You can tell that the general maintenance in the house we bought had been allowed to slip, even though it is only seven years old.  When buying a repossession, or any house for that matter, it is worthwhile remembering you don't know who has a copy of they keys. Add to the fact that a repossession was probably involuntary and the ex tenants may not be happy about it. It may be a pessimistic view of people, but they are your possessions.

Utilities And The First Steps Of Owning A Repossession House

Today has been absolutely crazy with everything that has been going on. It is really too much for a single post so I will be breaking things down into the following posts over the next few days!  I hope that one day this helps someone else buying a repossession when they do it. If not, it will be a great reminder for us when we think about moving.

So, here are what we sorted today:

• Security: Changing The Locks And Resetting The Alarm
• Insurance: Getting The Property Insured (Building and Contents)
• Utilities: Gas and Electric
• Utilities: Water
• Being Prepared - Essentials For Moving In And First Steps
• Being Safe - Gas and Electric Tests

There was a couple of things we need to get sorted as well that we didn't manage to get done which need to be addresses tomorrow.

• Council Tax and The Electoral Roll
•  Meter Readings For Utilities

This is our first move, so anyone with anything to add please comment below.

Will We Ever Exchange?

So, welcome to the Blog. People say that buying a house is the most stressful thing that you can do, well we are definitely experiencing that. It all started on the 14th February 2012 so that is around 14 weeks ago, seems like such a long time... Well in all honesty, it is!

It's not a complicated transaction, in fact it is probably one of the most straightforward transactions there is. Me and my Fiancee being first time buyers and the house has absolutely no chain with it.  Simple right? Wrong!