I am currently renting a small 2 bed late victorian-edwardian terrace house, the landlord owned c25-30 similar houses in the same town before he went bust and they have all been reposessed. A number of the houses have been vacated and put up for sale, what i have been told is that the mortgage company are planning on selling some now and some later. I am in one of the later ones.
On the basis that next door has just been sold, he also owned that one, for a sum i could probably afford. I am thinking about my options.
I am assuming i have no rights just because i live in the house if i were to go to the mortgage company and make an offer?
If i think that making an offer makes sense is there any way that i should approach this? Any standard approach? Would the mortgage company even consider a direct approach or do they tend to have specific rules about how they handle the disposal of repo houses?
