The Repossession Exchange manages the transfer of information between the parties involved from the point where a court order has been obtained to the time that the property is put on the market. It co-ordinates the interactivities of arrears, realisation and litigation departments, estate agents, corporate asset managers, valuers, contractors and conveyancing solicitors.

As a central database, the Repossession Exchange runs a constant process of feedback analysis to ensure that all participants in the process are fully informed and can operate efficiently.
Data is shared on a need-to-know basis and the distribution of that data and the exact process can be tailored to the needs of the lender.

The process was pioneered in 1997 for Abbey National who arguably now have the most efficient asset realisation process in the industry.