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Repossession Action

FACEING A REPOSSESSION ACTION YOU NEED TO ACT FAST TO STOP IT GOING ANY FURTHER

stop a repossession action we can help you to stop a reposession action, whatever stage of the process you find yourself in:

  • If you have already been to court and returned your keys, It’s still not too late to stop a– repossession action it can still be stopped we can help As long as your home has not been sold.
  • If you have missed loan repayments or mortgage payments & fear repoccession action house repossession .com are here to help You immediately.
  • If you have received a court date, it is still not too late – house repossesion .com says if you take action quickly, you can stop your home from being repossessed.

Repossession Action

If you can't pay your mortgage, you may want to leave and give your keys to your lender. This is called voluntary repossession action. Your lender may suggest this if you are unlikely to be able to pay off what you owe, but it should only ever be a last resort so dont let them pressure you with this repossession action it can be reversed.


When should you consider a voluntary repossession action?

You should only hand over your keys as a last resort. If you do hand over the keys, your debt will probably increase and it will be more difficult to get a mortgage in the future. If you have already agreed to give your keys to your lender, it may not be too late to call houserepossession.com.

Will I still have to pay my mortgage?

Even if you hand back your keys, you will still have to pay your mortgage until your lender sells your home. You may also have to pay for somewhere else to live. Houserepossession.com can help by letting you rent back your property.

The money your lender gets from selling your home will have to cover:

  • The capital you originally borrowed, plus interest
  • Buildings insurance (remember, your policy may be invalid if the property is empty, in which case you'll need to take out a new policy)
  • Any arrears that you have
  • Penalty charges for missed payments
  • Your endowment policy or ISA (if you have an interest only mortgage)
    Council tax for at least six weeks

It may take a long time for your lender to sell your home, so the amount you owe is likely to increase considerably.

Repossession Action

PUT A STOP TO LOSING YOUR PROPERTY NOW
 
Act right now. The sooner you get in touch, the sooner houserepossession.com can help stop your repossession and the quicker you can get on with your life.
 
Call 0800-9-800-1-2-3 NOW to speak to an adviser in the strictest confidence, or
E-Mail us immediately to find out more information.
 
houserepossession.com online enquiry form the quickest way to prevent your repossession
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