Our homes are our castles. We adore, nurture and cherish them. They are a financial and emotional investment. But what happens when financial hardships occur and we suddenly find ourselves struggling to make the mortgage payments?
Under the terms of your mortgage contract, your lender will have the right to issue repossession proceedings if you do not make your required payments. Normally two months of arrears is sufficient for a lender to take action.
In reality, lenders will try to come to an arrangement to clear the arrears and avoid taking proceedings. If the lender has concerns about the level of the arrears, or is not satisfied with your proposals to repay them, they will take possession action in your local County Court. They do this so that they can take control of your property, sell it and recover the outstanding mortgage balance.
How do you stop repossession?
It's not too late,
even hours before an eviction, to act to avoid repossession. We can work with you to find the most suitable solution to suit your goals and situation. And we can act quickly.
We understand you'll be facing difficult decisions about your home. We treat each situation sympathetically, and know that everybody's case is unique.
Don't give up if you can't reach an agreement with your mortgage lender to save your home. We can offer flexible alternatives to help keep you living where you are, and you can even sell and rent back your home.
We don't charge any fees for valuations or for assessing your situation. And you're under no obligation to proceed with any of the solutions we present to you. We'll also cover legal fees up to £500.
The Fast Property Sale Network is a network of highly experience property professionals, our standards speak for themselves regarding Quick House Buying. If you wish to sell to us and rent it back, we will tailor make a solution for you. Â To find out more, simply fill out our FREE, no obligation enquiry form, one of our associates in your area will contact you as soon as possibleThe Fast Property Sale Network is a network of highly experience property professionals, our standards speak for themselves regarding Quick House Buying. If you wish to sell to us and rent it back, we will tailor make a solution for you. Â To find out more, simply fill out our FREE, no obligation enquiry form, one of our associates in your area will contact you as soon as possible