I was approached by Taylors Estate agents to purchase a property in Luton. I was originally looking for a nice apartment for myself. I was looking at different options but then Taylors showed me 2 bed apartment that was repossesed by the bank and currently on sale at a very attractive price. I never dealt with repossession houses before but estate agent convinced me that it's "almost the same" as usual sale and all will be fine. So I put forward the price and applied for a mortgage. After my offer was accepted, I was informed by Taylors that we have only 24 days to exchange the contracts! So all should be done ASAP. Guess what? I have arranged for conveyancing, and mortgage and bank valuation in less than 3 weeks, by paiyng higher fees for the speed. 4 days before valuation I've got a call from agents saying that seller has raised the price! But they are confident I will get this apartment if I can give a bit higher price. I raised it by £2k. 1 day later they said that another buyer is paying more.And then another 2k, & again 2k... No one cared that my offer was accepted earlier, solicitors instructed and mortgage approved. I was never told before thag the agent has no exclusivity over selling if this property. In 4 days, asking price went up by £10,000!! I was shocked. 1 day before banks valuation, I was left with no final offer confirmed by the agents and taylors offered me to go ahead with valuation, pay extra £350, and wait if my final price is accepted. §×-x? They never mentioned that my credit rating will go down should the sale fall through after banks valuation , and buyer ends up loosing credit rating! I wasted so much time, money and efforts for something which was rather auction advertised by tailors as '"standard easy sale". Almost lost my credit rating and lost £800 on legal fees. Never ever go with them. They would tell yiu anything to secure the deal, but would never care about what was initially agreed. They would change terms and never explain the risks involved. Don't use them! Save your time and money!