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Property sold at undervalue

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  • Property sold at undervalue

    I am seeking an investment purchase and have identified a house which I think was sold at undervalue to a company specialising in buying in this way, from desperate sellers. The buyer only bought nine weeks ago and it's back on the market at £30,000 higher than they paid for it. I have asked via the agent if the seller obtained (a) a certificate of solvency and (b) an insolvency indemnity policy. What if he didn't get either? If the sellers then become bankrupt, the Trustee in Bankruptcy could undo the sale. Can a policy be put in place at this late stage?
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