We can offer you repossession advice, no matter what stage of the repossession you are at. Even if you are as little as 24-hours away from being evicted from your home, we can help.
We can offer you repossession advice to help you to keep your home, as well as make your debts more affordable to you. With our help you could begin to clear your mortgage arrears and get your finances back on track. It is important that you understand the situation that you are in, and ask yourself questions like:
Can I Afford to Keep my Home?
It tends to be circumstances beyond your control which lead to a missed mortgage payment, such as long-term illness, redundancy or an unexpected cost which you had to pay for.
If your financial circumstances have changed then the court needs to be fully aware of this. We can help build a defence case with one of our specialist solicitors. We aim to get the repossession order suspended, which will allow you to keep your home, pay off your outstanding mortgage arrears at an affordable rate and not have to forfeit any equity.
Have I Incorrectly Prioritised my Debts?
Many people fall into mortgage arrears by paying their non-priority debts first. This is a common mistake as your unsecured creditors are usually the first to demand money, but your mortgage should always be priority.
If by reducing your unsecured creditor repayments, you could afford your mortgage and your mortgage arrears, then we may suggest a debt management plan, or possibly an IVA if you are eligible.
How Much Should I Pay Towards my Mortgage Arrears?
By law, you should given the opportunity to repay your mortgage arrears over what is deemed as a reasonable amount of time. This timeframe is dependant on your circumstances, but it can be as little as one month or right up until the remaining period of your mortgage.
The judge will decide on a payment schedule for your mortgage arrears that you can afford, and is fair to both you and your mortgage lender.
Repossession Orders can be stopped and it is important that you seek expert advice as soon as possible. The sooner you get in touch with our repossession team, then the sooner we can start building a defence case.
Call today on 0800 048 1779 or fill in the Quick Enquiry Form to the right for a free callback.
Stopping a planned repossession is a complex legal process. There cannot be any guarantees of success. It is NEVER too late to start to oppose the repossession and the sooner you start the better the chance of a successful outcome. To successfully oppose repossession in Court we would always recommend professional legal representation to present your case.