Do you have redress if the vehicle is taken because the police say it is a stolen vehicle?

I very much doubt it. in england when the clampers take your car it doesn't matter how legal you are, unless you pay to get it back, you aint getting it back! its basically legalised theft.

A2

No. If it is proven to be stolen, you loose everything and you could be done for receiving stolen goods.

The only possible redress is, if you had the vehicle checked out by a company, like HPI, and they said it was OK. If it then turns out to be stolen and you loose everything, they guarantee to reimburse you. Check it out Before you buy.