How to Buy Abandoned Property in the UK
Buy abandoned property in UK can be a lucrative opportunity for investors looking to renovate and either sell or rent out the property However, the process of acquiring an abandoned house can be tricky, as it often involves navigating legal complexities and finding the current owner. In this article, we'll guide you through the steps to buy abandoned property in the UK. What is an Abandoned Property? An abandoned property is a home or building that has been left empty and fallen into disrepair, usually due to the owner's absence for an extended period . In England alone, it's estimated that there are around 216,000 homes that have been empty for six months or more, with a total of 600,000 vacant residential properties . Buying and renovating these properties can help address the UK's chronic housing shortage What are the Benefits of Buying Abandoned Property? Investing in abandoned property can offer several benefits, including: Potential for high ret