Always Learning Lessons When Purchasing UK Properties
You can call it paranoia or prudence, when we purchase properties we always wanted to walk the property prior to conveyance. Our JV partner thought that might have been over the top. However, he reminded us on Monday to check the property. What transpired was shocking. Squatters were living in the property. As much as we bring properties back to the brick, the situation was even worse. Actually shockingly in terrible condition. Fast forward, the vendor take action and vacated the squatters. Even with this said, we asked our builders to check the property once again before we convey.
Lesson to be learned, Do a walk through before conveying on any property.