Whilst others fear a UK property market crash, others are rubbing their hands and attending property auctions to spend their money buying repossessions and below market value property at a bargain price. Could the London property auction be the place where you too can find your dream home?

Property for sale “By Order of Mortgagees” will become more and more prevalent in UK property auction houses and auction catalogs as the UK housing market becomes more uncertain. By order of the Mortgagee is another term used to denote a property that has been repossessed.