Has anyone bought a property with no title guarantee?

[MissMuffetisin]

Looking at buying a repossessed leasehold flat which is being sold without a title guarantee. Has anyone done this ? It’s been suggested an insurance can be taken out to cover any issues, but it still seems a risk ? What happens when we come to sell, would we still not be able to offer a title guarantee?

It’s because the bank that has repossessed has no knowledge of it. When you sell on, you will.

The important thing is to get a full management pack with plenty of information about service charges, plans for future works etc.