Response to UK house repossessioh list

The crux of the matter David: if the Lenders were telling the truth and repossessed houses were not undersold, there would never be any posts from anyone looking to get a CHEAP house. We all tried to move on after our repo's and were/are hammered into the ground by debt collectors and Lender's and their agents crawling out of the woodwork - in some cases over a decade after the event occurred. I am sorry you lost your home, but had you resources such as this site available to you, your repossession may (or may not) have been prevented. It's forum's such as this which highlight Lender's [alleged] duplicity - saying one thing to the CML and the press and then doing the exact opposite and the glaring shortcomings of certain legislation. I am afraid I would NEVER buy a repo - unless I was sure that it was at the regular market value. I've had too many years of being hounded by my Lender to inflict that misery on someone else. When they took your home with a Court Order I take it that was that - you've clearly never been chased incessantly for a shortfall, day in day out, at home, work and through friends and family. People are entitled to feel aggrieved when someone comes onto this site looking to profit from that type of misery.

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