Stop repossession now
It is possible to get a repossession stopped at any time. The process is relatively simple. Speaking to your lender should always be the first step. If you have been issued with a court date, it is not too late, but you should not delay.
You will need written confirmation from your lender informing you they will stop home repossession to be certain of the court case going your way. If you haven’t got confirmation from your lender then the decision will be up to the judge.
How to stop repossession
Any of these options can stop repossession:
- pay the arrears on your account
- prove that your situation has changed, and you you can now afford the monthly repayments
- get a confirmed buyer for your house
- settle your mortgage by raising finance elsewhere
If you have already been to court and the decision to stop repossession has gone against you, we can still help. Contact us immediately to see what steps can be taken.
Be advised that once repossession takes place the matter does not stop there. The lender will pursue you for the balance plus costs incurred in selling the house. If the sale does not cover these, then you will be held responsible for the balance.
We do not accept any responsibility for the advice given. We have no legal standing when it comes to repossession laws. All information has come from practical experience whilst successfully helping our clients stop property repossession.
Get a firm offer on your property
Use the form on the right to get a quote on your property. Knowing the market value of your property can help you end the repossession sooner. Furthermore, there may be a buyer interested in your property, and we can facilitate a quick deal in only a few days.