Are banks and building societies allowed to give details of repossessed properties to anyone that asks?
2006-08-14 03:25:24 · 8 answers · asked by OA6 1 in Home & Garden ➔ Other - Home & Garden
Banks are allowed to disclose this information when selling repossessed properties. Many are sold at auction where they are clearly advertise as repossessed.
Details of possession orders granted to the banks in open court would also be available.
2006-08-14 03:53:44 · answer #1 · answered by citizen 2 · 0⤊ 0⤋
I think that's covered by a confidentiality clause. No bank or building society should give out details about peoples positions only of the property if they have a selling section.
2006-08-14 08:49:47 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If they have repossessed them they are their properties and I do not see why not, so long as they do not disclose any personal information about the former owner.
2006-08-14 03:33:06 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Ive seen repossessed houses in my local paper. They have to get their money back somehow, how else are they going to sell it without letting people know.
2006-08-14 04:08:12 · answer #4 · answered by Annie M 6 · 0⤊ 0⤋
No, its private and confidential. esate agents marketing properties arent really allowed to tell you either, but some naughty ones do. But you are not alowed to give details of the person who is being repossed etc.
2006-08-14 03:31:50 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I think estate agents are allowed to give out those details
2006-08-14 03:30:22 · answer #6 · answered by Homer Baby 3 · 0⤊ 0⤋
Yes.
2006-08-14 03:32:01 · answer #7 · answered by Anonymous · 0⤊ 0⤋
yes they do when auctioning it.
2006-08-15 18:59:40 · answer #8 · answered by Anonymous · 0⤊ 0⤋