Looking for a bit of advice as bank holiday weekend and cant contact anyone until tuesday. I have recently heard of a flat that is about to be repossessed any day now. Its my friend's neighbour and she is still in contact with her. I was wondering if there is anyway i can buy the house before it gets repossessed, would suit me much better and stop the owner being black listed.

i also have a mortgage at the moment, would i need to sell that and have the money in before i could make an offer? And am i allowed to take my same mortgage deal with me?

I am really desparate for this flat but dont want to get my hopes up incase its just not possible. Im from Scotland if that makes any difference regarding laws.

Would be really grateful if anyone has any experience of this.

Thanks in advance
I'm not actually sure if an order has been sent yet, I just know that she hasnt paid anything for about 9 months with no contact with the bank.

Thanks i posted this on both uk&ireland and the normal yahooanswers.
I have also been reading up a bit on the net and have seen the option of a bridging loan, so does this mean i could get the bridging loan to secure the property i want and then put my own on the market?

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