Post by michaelc on May 8, 2020 23:27:10 GMT
Loan 1468
<a couple of previous updates then:>
13/04/2020 At the possession hearing in February 2020 the Court granted a possession order effective in April 2020 but as per the government and Court directions there is a stay on repossessions for 3 months, we will therefore apply for a bailiff at the beginning of July 2020.
08/05/2020 The Property is entered into Allsop’s auction at the end of May 2020. We will set our reserve once we have ascertained the level of interest in the Property
Up until the penultimate update on the 13 april, it all made sense. Then on the 8 May, it is implied BC have entered the property into auction since they say they will set the reserve. If the property has not been repossessed how can they enter it into auction?
Seems a very sloppy update to me.
<a couple of previous updates then:>
13/04/2020 At the possession hearing in February 2020 the Court granted a possession order effective in April 2020 but as per the government and Court directions there is a stay on repossessions for 3 months, we will therefore apply for a bailiff at the beginning of July 2020.
08/05/2020 The Property is entered into Allsop’s auction at the end of May 2020. We will set our reserve once we have ascertained the level of interest in the Property
Up until the penultimate update on the 13 april, it all made sense. Then on the 8 May, it is implied BC have entered the property into auction since they say they will set the reserve. If the property has not been repossessed how can they enter it into auction?
Seems a very sloppy update to me.
