An essential guide to keeping your house safe...
Repossession Advice
If you are facing repossession proceedings – remember all is not lost! The Remortgage Specialist can help you keep your home AND get back on the road to a good credit rating.
It is predicted that in 2007 over 100,000 mortgage possession claims will be issued. If you are currently facing a mortgage possession claim you may think there is nothing you can do to change your circumstances but
The Remortgage Specialist can help you keep your home if you act quickly. If you are facing a mortgage possession claim then you will have already been issued a possession order.
If you have not been issued with a possession order from your current lender but have missed one or two payments, then please visit our pages on mortgage arrears for more information on how The Remortgage Specialist can help you.
A possession order is issued if you fail to convince the court that you are able to clear the arrears – or if you fail to turn up for you County Court hearing. You now have 28 days to settle your debt or face eviction.
By calling The Remortgage Specialist now you can stop repossession proceedings in their tracks
Our advisors can arrange a new mortgage for you and contact the courts to let them know that you now have arrangements in place for paying off your mortgage arrears.
Act now and your nightmare could be over almost immediately.
If you cannot settle your arrears within 28 days OR if you fail to comply with the suspended possession order the lender can apply for an Eviction Warrant without further recourse to the courts.
Once an eviction order has been issued, court bailiffs will then set a date when they will visit your property to make sure you have left.
Even if an Eviction Warrant has been served you may still have time to save your home.
Contact us now – time is of the essence.
What many people facing repossession don’t realise is that there is a way out.
By arranging a new mortgage through a broker who specialises in mortgages for people with arrears or other credit problems you can release equity from your home and arrange payment terms that are more favourable for you – for example, borrowing over a longer period of time.
If you are facing repossession it’s important to remember that if you lose your home you are losing all the equity in your home too – that might amount to thousands of pounds.
By rearranging your mortgage you are buying yourself time to get your life in order – even if that means time to sell your home and keep the money you have invested in your property.
